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HX_Fund

USO incoming 47.5

Long
United States Oil Fund (AMEX:USO)  
HX_Fund Updated   
AMEX:USO   United States Oil Fund
Trend Analysis Oil WTI Gold Silver Bitcoin (Cryptocurrency) BTCUSD
6
4
trendanalysis oil wti gold silver bitcoin btcusd
40 dollar well supported at 50ema and double bottom formation. Trend continuation. Next resistance level is 48 and then 50.
Price bounces off the 50 ema too in the weekly chart. Bullish setup
Comment:
40 is a strong support. Add position sizing.
Comment:
ranging looking good.
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