Adam-Cox

It's not over until the 'Fat Lady' sings!

AMEX:USO   United States Oil Fund
I am still long oil .

Mixed messages - but I don't have a sell signal, and I don't have indication of a market sell off as indicated by my crash monitor.

There are offsetting data:
  • inventory builds
    OPEC output volume increases
    Re-opening economies ( impact from general wage growth)
    Potential upside from the US infrastructure Bill
    Increased in gasoline prices (offset by supply builds)
    Rig counts
Adam Cox, SFFIN, MFTA

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