Thursday, January 5, 2012

I can't believe I missed this one-USO

 USO goes negative right at a head fake at the gap fill.

USO 2 min

This is holding XLE back today at a .75% loss.

This is a pretty significant short term change for USO.
This opens the door to a downside gap fill move and with the Euro not providing support, it makes it worse.

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