TradingView
nick.holland78
May 11, 2016 4:06 PM

USO - 4h Short

United States Oil FundArca

Description

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.
More