My attention was draw this morning to suggest a potential daily low on USO. My dowsing said to look for multiple days up after a "pop and drop" & "drop and pop" scenario today.
It also suggested this idea may take a couple weeks. It's really gonna have to dump today to hit the level, but I'm just going to give what I got.
It also suggested this idea may take a couple weeks. It's really gonna have to dump today to hit the level, but I'm just going to give what I got.
Comment:
I love the bounce on this, but atm get that it may pull back into that gap... possibly down to $71.48. Watch for it to make it's way back up and possibly a large move up on or around the 23rd.
Comment:
USO pops up in my guidance today to watch for a swing high. Coming in hot too towards the target, so I'm looking to short it back down to around $68-69.