This is a quick request...
Everything -the market and USO is down right now on a weak Euro/Strong dollar.
The USO 1 min chart doesn't look bad at all,
The longer term 30 min also looks good, it's a matter of the Euro finding support.
Here's the Euro, note it has been falling in correlation with the market and crude, but it is also very close to a support area.
It looks like the Euro will find some support soon.
Is interest rates about to start going up?
-
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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