United States Oil Fund
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USO mid-term TA

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USO remains bullish and it's still in uptrend, at the moment oil is in the counter trend correction and it's holding the daily support, watch for the uptrend continuation.
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P.S.

There are many other indicators that are being used for this TA, the above snapshot is only an example. The usual setups and strategies are based on trend-trading and include indicators like trend strength, squeeze oscillator, etc. from trading firms like Simpler Trading, GoNoGo Charts and others.

And as you should know - always follow your strategy and make your own choices.

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