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USO 3d 2023

Short
United States Oil Fund (BATS:USO)  
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BATS:USO   United States Oil Fund
Fundamental Analysis Trend Lines
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fundamental trendline
Publishing the USO 3 day chart.

Oil is currently getting beat up with the forward outlook for a slowdown. Oil getting soundly rejected after running into a long term trend line. This looks like it is heading sub-$70 in the near term.

Previous XOP idea, with XOP also getting rejected at a similar long term trend line:

XOP 2H 2023 3d Chart

Idee correlate

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USO 1d Chart, Q1 2023
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XLE 3d 1H 2024
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XOM 3d Chart
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XOP 2H 2023 3d Chart
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Crude OIL
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