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TFC Commodity Trading Forum

Double Bear Crude ETF:DUG/Silverbear *PIC*

Here is what I picked up at the $32 support area and dumped it late yesterday at over $35. Worked out great. This is the Oil AND Gas ETF:DUG.The double bear Crude ETF:SCO gaped away on the breakdown and even the close was lower than the open that day so we couldn't get on board. So I bought the DUG which includes Nat Gas. With NG holding up well then price on the DUG came back perfectly to $32 support to get on board this short. Worked out perfectly. Took a nice bite out of it and don't care about more,more,more as we know what happens to pigs,lol. Just something to keep in mind when looking to short Crude and the SCO double bear gaps away from you. The DUG with NG tracking sideways will let you get on board that way. It should work the other way too with long trades using the double bull ETF:DIG rather than the UCO if that doesn't pan out. Seems to work well.

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Double Bear Crude ETF:DUG/Silverbear *PIC*
Re: Double Bear Crude ETF:DUG/Silverbear