AMEX:USO   United States Oil Fund
1
The green count to new lows has been my preference, but this has been a difficult trade lately. Today's rally would be wave ii of wave (i). Alternative count shown in pink interprets today's rally as wave b of (a) in a wave ii. Above the March high the more immediately bullish white count seems most probable.

Related Ideas

Disclaimer

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.