crude opened limit down and trading was halted. Back open for now, dropped 25% which is absolutely massive
the cost of those cheap pump prices, could be pretty expensive. CL trading at these levels, is extremely dangerous.
I'm getting excited. Used to get excited over nightclub hotties, now I get excited (mentally) over volatility like this. Got to take a cold shower lol. I love opportunity like this. Anyone else gonna trade DWT UWT?
My short positions did not move that much yet, last Friday. Tomorrow though, could be a different manner. My stock and Corona Virus stocks could also, be moving as well.
If you remember this, than you recall that there is some unfinished business below $30 - aka a gap to fill....
With crude down 23% means UWT will be down 69% at 3x. That will but it at $1.65 or so. That means a reverse split coming
I missed my CL entry because I was playing MNQ. That would have been a killer trade. bounce $2 in minutes!