The jury remains out. Here's a better look at the trend over the last two years:
If this trend line does not hold support, USOIL may fall off a cliff searching for a bottom this week.
If this trend line does not hold support, USOIL may fall off a cliff searching for a bottom this week.
Note
We have reached the moment of truth - here's the 15 min. chart current Note
Pushed back above 59.00 - let's see how it does before market opens Note
. . . . ugh
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.