Where will USOIL stop drop?

TVC:USOIL   CFDs on WTI Crude Oil
20 0
SPX gave us a surprise Friday and USOIL also drop with SPX .

But I believe SPX's pull back won't last very long time because DXY implies that there is no rate raise soon.

Back to USOIL , up-trend support is very close, this area is 0. 5-0 .618 area, the same place we begin to fly this Wednesday ,Thursday with a nice api and eia data.

If USOIL cannot stop drop, I still don't think that's the end of the world.

Take care of 43.99/43.52, a potential bullish cypher type is waiting there.

Saudi will bankrupt around 2020 with a oil price 50 USD. Obviously, Saudi won't allow this thing happen. So I will long USOIL at any pull back. Indeed, I cannot love today's drop any more and even wish a more deep pull back.
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