USO change coming or more of the same

Singkat

United States Oil Fund (AMEX:USO)

Telah dikemas kini

AMEX:USO United States Oil Fund

see chart, I believe more trend down, once we break this major support area.

Komen:

wish this had spell check, should say "disrespected".

Komen:

The dollar strength, oil down, and soon to be again stocks correlation will begin soon. Eventually oil price becomes a result of economic strength, and so are earnings, but not yet. Earnings are still good because of corporate bag of tricks, stimulus, central banks, but running out of those and even those are ineffective, and now everyone knows it. So once the tricks don't work anymore., and the last push for wealth, greed, exhausts, then what?

Penafian

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