i think oil is going to break up and out. UCO is a great way to play it. Hopefully this is helpful.
Note
further compression. came to the top trendline, which I've redrawn, slightly. this is going to bust one way or another, likely up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.