When will be that 'time is right'? And if you buy it, what will be your plan going forward? You know how ETFs work right? If you can't answer these questions, you better stay away from that trade.
That is my plan , I am waiting for a reversal on Hourly candles first , If I see that I wanna see a new trend forming on daily and then I might enter the position on BOIL or UNG . There is definitely way to make money on it with correct timing.
%% SAME HERE; +not with that one+ if my round numbers dont get hit\+ the pattern keeps on a non hit adjust a bit.Not a predction or recommendation
BOIL's recent low is 4.34 on 2/21 and volume has recently been over 50 million per day, so why would they change what makes them more money than they've ever made before?