NYSEARCA:DWTI - NYSE Arca -
Taking everything into account, DWTI scores 0 out of 10 in our technical rating. DWTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of DWTI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
50.32
When analyzing the resistance we notice 5 important areas.
VelocityShares 3x Inverse Crude ETN
NYSEARCA:DWTI (12/8/2016, 8:43:28 PM)
After market: 50.39 -0.44 (-0.87%)50.83
-2.97 (-5.52%)