This is a Double Short Crude ETF. I don't like the signals in /CL (crude Futures ) or USO, this is for a short term trade, it's also speculative so it's not something I would take at full position size because it is a shorter term trade, not a position trade.
I'll post the charts of why I want to be short crude right now for the foreseeable near term.
For short exposure using SCO, you simply buy it, don't short it, it's already an inverse ETF.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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