Am I missing something in the news? Gap filling? It seems a bit early for that as the knee jerk reaction would be to bid up commodities or is the half life of interventions speeding up?
Wednesday, November 30, 2011
USO
Here's another interesting retracement of 62%
USO 5 min negative divergence.
USO 62% retrace from the highs, it looks like it found some support right there and bounced, but what comes next.
Am I missing something in the news? Gap filling? It seems a bit early for that as the knee jerk reaction would be to bid up commodities or is the half life of interventions speeding up?
Am I missing something in the news? Gap filling? It seems a bit early for that as the knee jerk reaction would be to bid up commodities or is the half life of interventions speeding up?
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