From over $64 only 2 weeks ago. That's about 30% dropped.UCO will go up from here.
Strong buy rating.http://pr.tradingmarkets.com/search/uco
That thing says SCO is a buy also
Above $48.07 is a morning star candle. Most bullish reversal candle.
There is a huge gap at $55 $58, UCO will go back up to test/fill this gap.
You are pribably saying the same thing about silver.