It seems like the 12:36 pot about re-entering USO short worked out.
USO has moved lower since I re-entered the short on strength intraday.
The 1 min chart looks like a little bounce or consolidation is coming up. I do expect more downside though as far as the intermediate term goes. If we get a bounce here, t may be a chance to enter USO short.
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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