United States Oil Fund (USO): Oil broke $48.50 premrkt this morning......

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Wednesday, 05/31/2017 7:37:39 AM

Wednesday, May 31, 2017 7:37:39 AM

Oil broke $48.50 premrkt this morning....so far so gooood....doesn't matter what report says today, all baked in for ride to $42 to maybe $38 area during June, will get long then.....then bounce to maybe WTI Oil in $60's per barrel in late 2017??? Don't know about that yet, but excited to ride down now and get long near $40, use $38 as my stop......Soooo much USD/JPY manipulation previous months have put oil in peril for now....Guessing a bounce at $45/$46 area, before continuation of ride to $42/$38 area...???...time will tell....jmo....

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