USO 5 min
USO 10 min.
It looks like SO is setting up for a bounce, it's still lateral largely so this divergence could continue to build, the length of the divergence ultimately will tell us more about what to expect for the bounce, but as of now, consider USO to be prepping for a move higher.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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