A perfect setup from oil’s climb higher

I gave this trade away for free to my readers

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Recently, we’ve talked a few times about commodities that could become more scarce, therefore driving up demand and ultimately raising price. One we talked about was corn. I’m waiting for a possible play on that. But another we talked about earlier this week was oil, especially after a major cyber attack in Germany. I said then that if you catch one of these spikes before they happen, and find the right way to trade it, a crisis can become a great trading opportunity.  And now, I’ve got the proof to back me up. Are We Nearing the Altcoin Cliff? Learn the latest on crypto in this FREE replay of Jeffry’s brand new event If you’re on my Discord server or attended my Tuesday free webinars in recent weeks, you probably heard me mention a possible setup on UCO. UCO is, to be formal about it, the ProShares Ultra Bloomberg Crude Oil ETF. But put simply, it’s an ETF that measures the price of crude oil.  And all the pressure on oil price, plus my technical chart indicators, were telling me to look out for a possible boom. Then this happened: Over the last month, UCO has climbed relentlessly higher, even gapping up Thursday into Friday!  A few of my traders got in on the action, including Dan… I booked mine at just over 80%!  Not a long lesson this morning, but a practical one to remember that when you hear about shortages, there might be a trading opportunity buried in there. And also, you should really be in my Discord and attending my free webinars! You never know what ideas might pop out!  Hope you have a good Sunday, Manage Your Email Preferences Unsubscribe This email was sent by: InvestPub 495 Town Plaza Avenue Ponte Vedra Beach, FL, 32081, US Update Profile We respect your right to privacy. View our policy. Jeffry Turnmire and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.