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Re: DiscoverGold post# 4476

Friday, 12/27/2019 7:09:48 PM

Friday, December 27, 2019 7:09:48 PM

Post# of 10558
Crude Oil (USO) - Weekly Wrap »» Daily-Weekly-Monthly Charts
By: Carl Swenlin | December 27, 2019

* (Click Read Full Story »»» at the bottom of the page for the charts to appear on the post)

CRUDE OIL (USO)
IT Trend Model: BUY as of 11/6/2019

LT Trend Model: SELL as of 6/4/2019

USO Daily Chart: It looks as if the rally from the October low is still viable.



USO Weekly Chart: The narrow trading range prevails for the time being.



USO Monthly Chart: Price is in a basing pattern between 7.50 and 16.00 that could last for years.



Read Full Story »»»

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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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