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Sunday, May 19, 2019 8:43:03 AM
By: Carl Swenlin | May 17, 2019
IT Trend Model: BUY as of 2/19/2019
LT Trend Model: BUY as of 4/17/2019
USO Daily Chart: The daily PMO has bottomed after dropping from very overbought levels. The assumption is that the April high will be challenged.
USO Weekly Chart: Price broke down from a rising wedge and has created a more stable rising trend channel.
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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!
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