Reallifetrading

My thoughts on USO / energies and oil

Short
AMEX:USO   United States Oil Fund
14% chance USO bounces and actually makes it back up to $20.00
50% chance USO trades sideways for 2 weeks to about a month and then makes some lower lows.
15% chance USO keeps going lower (makes it to $14) before Aug 5th
21% chance USO pops a tad up into $18 or so and rolls over again

Thanks for helping us Enrich Lives!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.