I know no one thinks oil is going to go lower after the run we've been having and the fact that there's a shortage of oil supply due to the conflict with Russia/Ukraine, but the chart is telling me a different story.
I don't know what could cause a pullback, but I could see
USO falling back the $56-62 support levels sometime over the next few weeks before continuing higher. Definitely a high-risk trade and I'm playing it through options... let's see how it plays out.
I don't know what could cause a pullback, but I could see
USO falling back the $56-62 support levels sometime over the next few weeks before continuing higher. Definitely a high-risk trade and I'm playing it through options... let's see how it plays out.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.