USO crude

    Posted by matt on 8th of Feb 2012 at 09:28 am

    USO - crude is up some this morning, so the USO trade idea I posted yesterday should be up some. 

    USO 15 min view

    USO - 60 min view, note there will be some resistance at the downtrend line

    been watching closely, sold at

    Posted by frtaylor on 8th of Feb 2012 at 11:07 am

    been watching closely, sold at the top first thing this morning.  Looking for a partial re-entry closer to the bottom of the pattern.

    yeah if market pulls back,

    Posted by matt on 8th of Feb 2012 at 11:07 am

    yeah if market pulls back, crude may pullback as well.  

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