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Friday, 03/15/2024 11:33:09 AM

Friday, March 15, 2024 11:33:09 AM

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A month ago we turned bullish on $USO and $XLE and were looking for $80 and $88 targets, respectively. We remain Bullish on both for as long as they stay above their 200d SMA and Ichimoku Cloud.
By: Intelligent Investing | March 15, 2024

• A month ago we turned bullish on $USO and $XLE and were looking for $80 and $88 targets, respectively.

#XLE surpassed its minimum target elegantly. And has further to run.

#USO is now playing catch up.

We remain Bullish on both for as long as they stay above their 200d SMA and Ichimoku Cloud.





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