The DWT (3x inverse/short crude oil ETN) has traded below the suggested stop of any move below 9.80 (i.e.- a print of 9.79) for a relatively minor loss of 3.0%. I still like this trade & my thoughts & updated analysis on crude oil were shared in today’s video as well as in these comments within the trading room (requires Gold level access to view). As such, DWT remains on watch for another possible swing trade entry. Previous & updated 60-minute charts:
DWT Stopped Out for 3% Loss
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