USO Bounce Brewing?
This is a 30 min 3C chart showing obvious accumulation into the sustained downtrend
The second chart shows RSI in a positive divergence. Could USO finally be ready to work off that oversold condition?
The second chart shows RSI in a positive divergence. Could USO finally be ready to work off that oversold condition?
Labels: bounce, crash black monday financial, energy, oil, technical analysis, USO
posted by Brandt at 4:26 PM
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