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USO 15m analysis 08/20/13

BATS:USO   UNITED STATES OIL FUND
86 0 0
USO 15m analysis with today's levels and setups going forward. Downside target hit & exceeded on US cash market open. Market then filled the gap. Once gap filled she slowly rolled over and made new lows suggesting trend continuation. Will be watching for bounce to potentially setup next bear ab=cd trade-able formation.
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