Mar 16 2023

Crude Oil Collapses - Will It Move Even Lower?

published by Erin Swenlin
in blog StockCharts.com
original entryCrude Oil Collapses - Will It Move Even Lower?

Below is an excerpt from today's subscriber-only DecisionPoint Alert (Subscribers, forgive the repeat performance):CRUDE OIL (USO)IT Trend Model: SELL as of 2/2/2023LT Trend Model: SELL as of 12/6/2022USO Daily Chart: USO obliterated support today and closed at New 52-Week Lows. There is a long tail on today's candlestick which implies quite a bit of...

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