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Tuesday, 02/25/2020 9:33:35 AM

Tuesday, February 25, 2020 9:33:35 AM

Post# of 10499
DP Alert: CRUDE OIL (USO) - Daily Chart
By: Erin Swenlin | February 24, 2020

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

CRUDE OIL (USO)
IT Trend Model: Neutral as of 1/27/2020

LT Trend Model: BUY as of 12/16/2019

USO Daily Chart: Well so much for the rally in Oil. The good news is that we are now back on support at the bottom of the current trading range. Yet, we could see a breakdown here since we did see lower prices in December of 2018.



Technical Analysis is a windsock, not a crystal ball.

Happy Charting! - Erin

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