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United States Oil Fund
Long

USO short term long call

103
Oil ETFs saw a sharp sell-off last week over concerns regarding Russia and Saudi Arabia. Given the support levels of the channel we have been trading in, I would like to see a bounce to the upside in the near future. Upcoming OPEC meeting on June 22 is a cause for caution in the energy sector, making volatility likely.
dcattey
Also on:
Chart PatternsOilTrend AnalysisUSOWave Analysis

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Chart PatternsOilTrend AnalysisUSOWave Analysis
dcattey
Also on:

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.