USOIL Gearing for a Breakout
USOil getting into a tight range, ready to pop.
I could see this going to $45 and eventually $50.
With the DXY in the shitter and all commodities taking off, I expect oil to follow.
Fundamentally, demand is still weak, but that'll take some time to get priced in.
I could see this going to $45 and eventually $50.
With the DXY in the shitter and all commodities taking off, I expect oil to follow.
Fundamentally, demand is still weak, but that'll take some time to get priced in.
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