Bullish. Will go higher.
i hope you are right but these etf's dont have patterns because they are connected with oil prices. ONE thing for sure if you hold it long enough you will lose and thats what im afraid of :(, I need 48bucks to break even its so far away :(
So you are still long SCO?! With all the exit points you've had?!
you are losing because of a bad entry point , not time decay!now would be a buying point, i will at open plus covered call october strike 40,.EAsiest trade of the year.