The USO (crude ETN) aggressive long swing trade hit the suggested stop of 4.97 for a 1.6% beta-adjusted loss (2.7% total loss x 0.60 beta-adjusted position size) & will be moved to the Completed Trades archives. Previous & updated 30-minute charts.

I just completed a video covering the stock market, gold, GDX, crude oil, LQD, and coffee in which I expand on the reasoning & strategy behind this trade. That video is uploading now & will be posted soon. I also plan to set aside some time today in order to update the trade ideas by updating the former trade ideas that are still assigned to the Active Trades category but have already hit their maximum price target or suggested stop. As of now, LQD & GLD are the only official Active Trade ideas on the site at this time & I discuss my reasoning for keeping the trades light at this time in the video that will be posted shortly.