Wednesday, February 29, 2012

USO

USO just saw some unusual volume...

I would think this is connected to a higher dollar after the EUR drop in the last post.

In yesterday's end of day USO post I showed you this short term chart
Which suggested a short term move up, we saw that or the start of that this morning.

Currently intraday, USO is in line with 3C short term, the intermediate term negative divergences remain.

I'm going to try to see what this was about and what else it effected and what it didn't

No comments: