Keep your eye on USO
1D MACD indicates either direction can occur in the short term. Energy sector has potential to pump in June.
RSI also has room to run higher.
If there is consolidation it should find support on the WHITE support line
$50 appears to be in play but PT is the BLUE upper trend line.
Rising wedges are bearish once broken, USO still appears to have more to go.
1D MACD indicates either direction can occur in the short term. Energy sector has potential to pump in June.
RSI also has room to run higher.
If there is consolidation it should find support on the WHITE support line
$50 appears to be in play but PT is the BLUE upper trend line.
Rising wedges are bearish once broken, USO still appears to have more to go.
USO is finding support on the BLUE conversion line of the cloud. If there is short term downside, that could be a level to load your bag