MarketIntel

USO: Bearish Formation! ๐Ÿป๐Ÿป๐Ÿป

AMEX:USO   United States Oil Fund
We still have plenty of room left on the downside within the USO chart. Our expectation centers around the assumption that the price will drop to around $41.29, before taking off and pushing towards $59. However, we need the price to stay above $39.27.

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