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andre_007
May 5, 2022 11:07 PM

United States Oil Fund (USO) in bullish channel Long

United States Oil FundArca

Description

The price has broken out of a long bearish channel (green color), and is now in a bullish channel (cyan color).
Within the long bearish channel, we can see a downward seasonality in the second half, in the months of July and October.
Will the cycle repeat itself in July or October of this year?
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