ProShares UltraShort Bloomberg Crude Oil
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#SCO Nice POP

After break down of Symmetrical Triangle for both Brent and WTI Crude Oil chart, this ultra short ETF have spike UP.

I believe oil prices will continue to trend lower due to trade war and possibility on china using iranian oil.

Expecting ultimate price target of this ETF $40.00

Thoughts for discussion.

brentcrudeChart PatternsCrude OilSCOTrend Analysiswticrude

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