pirnat
Long

USO long setup

AMEX:USO   UNITED STATES OIL FUND
Oil
50 0 1
oil
Dropping oil             price has crushed USO . This means that it is not a strong fund, but still favourable for a SMALL trade. It is bearing towards lower support at around 9. If this support holds and it bounces back, we are good to go long. But as mentioned, with a small position. SL can be set at 7.5.

Good luck
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