USOIL 2020-May-07
USOIL is at a decision point; with either the rising trend or the $29.00 resistance about to break. With traffic still significantly impacted by COVID; logically it stands that the rising trend should break and price push back lower. Commodities are insanely irrational right now though; so flip a coin.
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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.