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Taatu
Jun 1, 2017 11:29 AM

Short-Term SELL, USO Short

United States Oil FundArca

Description

In the energy sector, we have noticed a possible speculative short on crude oil as we expect oil to depreciate by -1.60% by the next week. In our opinion, sellers might put pressure on the actual price particularly near the intermediate resistance which might limit an upside move to no more than 6.80% from the last daily closing price.

USOUSO
USO$
USO$
USO$






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