UNITED STATES OIL FUND LP UNITS

NYSE ARCA & MKT

USO

shortting this

Contrary to common beliefs, US shale is not gonna put oil to death, only to delay the inevitability of its rise ...

$OIL $USO

4 hrs. Target hit.

Charts signal a one or two day drop in oil prices. Going all or nothing on USO weekly $12 puts, only 20 contracts though. Will flip the puts by COB tomorrow, win or lose. Note: This is a quick flip, it may have another leg up long term. Depends on Iran, though I think both Iran and Trump are all talk with no balls.

USO is on wave 4 It seems like complex correction God bless all of you

Good day folks, I think we could see a bounce in the oil futures. Attacks on tanker, G20 summit, OPEC, etc. this could move the market in the short term. The VI is rising and so is the RSI. My target is 12.00, then we'll see. Thank you,

Over the past month especially, crude has fallen into a bear market. Most of this bearish reasoning is coming from the U.S. EIA reports which is showing a large amount of undocumented crude which has resulted in a very swollen crude storage inventory, mostly all in PADD 3 (Gulf Coast.) There is strong reasoning to believe that this undocumented crude is actually...

Given oils correlation to SPY (as shown in the overlay) as well as recently being oversold on the hourly, 4 hour, and daily timeframes it seems the oil bulls will follow SPY and other equity bulls in putting global growth concerns to the side for now and focus on looking to the upside with a potential rate cut and Mexico tariff delays also helping overall...

USO - US Oil on a downward free fall after gaping down

Schwacher Markt wartet auf weiteren Rückgang um dann eine Verkaufsbestätigung zu erhalten.

USO on wave 3 of wave 3 Target of wave 3 of 3 is 11.30 - 11.00 God bless all of you

The United States Oil Fund has most likely completed its technical pull back on the 1W scale and has resumed the bullish bias (RSI = 57.828, MACD = 0.080, Highs/Lows = 0.2614). Being well supported by all the underlying trend lines, this is probably an early buy signal towards the 16.25 1W Resistance. We are long on USO with TP = 15.00. ** If you like our...

Wedgies aren't always a reversal pattern, just wanted to show an example. Look at technical indicators as well as chart patterns....

When price Arrive to the supply zone we consider to short this market make sure follow me I will update the trading idea once we get close to the zone or we hit it .

The chart of USO looks much overbought.. Buy Zone: $13.32 to $13.59 Stop loss: daily clsoe above $14 Target: $12.25 to $12.04 You can Buy DWT , SCO or any others that have Inverse relation with USO or USOIL

No financial advise, always DYO Home work. Naked charts, simple PA bearish bias on 3D: - Rising wedge forming - Volume dropping and price raising (no bueno) - Gapped candles within the wedge. You know the rules: gaps must be filled - Retesting important fractal (red box). Clean break through this fractal may invalidate current TA. - Major liquidity pool below...

notable things CBs are begging for price inflation gloablly. opec is being supportive. things look healthy supply demand wise in oil.we're about to enter into driving season. 1 thing that i've been turning back and forth on is how similar the setup in venezuala reminds me of the iran-contra affair. not necessarily right now, but slowly developing into. venezuala...