I'm trying to stay nimble here and a 30% gain is good enough for me for the time being.
USO is near some local resistance in the area...
The 1 min chart doesn't look horrible, but as they say, "Bulls make money, bears make money, pigs get slaughtered".
The 2 min chart is a bit negative, not REALLY alarming, but with some uncertainty in NY and resistance here, I wanted to lock in that 30% gain.
Longer term on the 15 min chart, it looks like a pullback may be worth buying.
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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