| Followers | 679 |
| Posts | 141047 |
| Boards Moderated | 36 |
| Alias Born | 03/10/2004 |
Sunday, June 04, 2017 12:44:56 PM
By Carl Swenlin | June 3, 2017
CRUDE OIL (USO)
IT Trend Model: NEUTRAL as of 3/8/2017
LT Trend Model: SELL as of 3/9/2017
This week USO continued the decline that started last week, and the daily PMO is close to crossing down through its signal line.
The USO weekly PMO has topped below its signal line again, a very negative configuration. At this point it seems likely that the long-term support at about 9.20 will be challenged.
http://stockcharts.com/articles/decisionpoint/2017/06/decisionpoint-weekly-wrap----participation-marginally-improved.html
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
