DailyMarketUpdate

USO: Waiting for the next entry! 🀠🀠🀠

AMEX:USO   United States Oil Fund
From the current level, we expect the USO to fall all the way down to prices around $40.56. Once in this region, the next bullish run should bring us close to $60. However, with the bullish price development of the oil market, there is a 45% chance of an early bullish breakout.

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