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Weekly Wrap Crude Oil (USO) »» Daily & Weekly Charts
By: Carl Swenlin | May 10, 2019

IT Trend Model: BUY as of 2/19/2019

LT Trend Model: BUY as of 4/17/2019

USO Daily Chart: Price has moved through the top of the falling wedge, as expected, but it was a sideways 'default' rather than a breakout.



USO Weekly Chart: The weekly PMO is decelerating and possibly getting ready to top.



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