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

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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.



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