Finally, United States Oil Fund Made Its Mind: Go Under
The break has come. After bouncing between support and resistance for a long time, USO smashed through support
The break has come. After bouncing between support and resistance for a long time, USO smashed through support
Because the bands converge, it took USO only a month to go from the ceiling to the floor
[UPDATED: August 10, 2024]
This time, USO hit the moving average resistance band. Again.
Swimming between support and resistance, this time USO turned at the floor
[UPDATED: June 15, 2024]
USO wants out of the squeezing tunnel. Is it going to be a break up?
[UPDATED: May 25, 2024]
Trading inside a narrowing tunnel, USO left the floor towards the ceiling
Will USO continue trading between its converging support and resistance lines for a few additional weeks?
[UPDATED: January 28, 2024]
Is USO heading down towards its best respected support lines?
USO kissed its resistance line and withdrew. Is it reversing or merely preparing to push through?
[+1 UPDATE]
3 months ago USO bounced off its strong weekly support, now nears resistance