Framework Journal · one stock, one dated entry

Recorded 2026-06-14 · Permanent

USCF Daily Target 2X Copper Index ETF CPXR

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing principally in cash settled copper futures contracts (“Copper Futures Contracts”), and in cash, cas…

The label
Accumulation

read at $31.12

USCF Daily Target 2X Copper Index ETF holds its Accumulation at $31.12.

PHINPOOPSC
  • PHPhase · the trend structure carries the Accumulation label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · does not pass the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-06-14
PhaseAccumulation
Quantitative stateConsolidating, no directional conviction, held for 99 days
Price$31.12
ValuationN/A trailing · N/A forward price to earnings
Values screenFAIL · score 30.0
BetaN/A

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 31% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 36%. Entered 2026-07-25 · Markup

The dated journal · newest first, never edited

2026-07-25 Markup $31.12 +0.0% Entry 4

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 31% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 36%.

2026-07-18 Markup $31.12 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 31% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 36%.

2026-07-03 Markup $31.12 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns.

2026-07-02 Markup $31.12 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $32.22 -7.8% · $922 -7.8%
2 months $27.04 +9.9% · $1,099 +9.9%
3 months $26.75 +11.1% · $1,111 +11.1%
6 months $24.79 +19.8% $0.19 $1,206 +20.6%
1 year $23.71 +25.3% $0.19 $1,261 +26.1%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever CPXR does next, these words stay.

USCF Daily Target 2X Copper Index ETF · CPXR · Accumulation · $31.12
Recorded 2026-06-14 · before the outcome · scored mechanically

All of today's entries See the running score

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