Although I'd prefer a head fake move below $25.25 in USO, I think it is looking very interesting for a SPECULATIVE long, short squeeze based bounce.
I'll get some charts up and as I said, I'd prefer to wait for a head fake/stop run below $25.25 to make my entry, but other than that, both it and Crude futures look ready to make an upside move, Short Squeeze I'm guessing.
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
No comments:
Post a Comment