CRInvestor
Long

4hr USO - bullish ab=cd in a little more focus

BATS:USO   UNITED STATES OIL FUND
120 0 1
As is the case on the daily CL1!             we currently have a bullish ab=cd harmonic pattern well at work. The price target here ($36.24) appears to be right into a higher time frame OTE             short window with the sweet spot being $36.14. I for one shall be watching closely for that level as it will mean a nice AOCO exit on the BoT long established from $34.56. As of Friday, 'stop to trail' level has been hit ($35.48) and one should act accordingly at this point - basically locking in a profit.
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