There was decent volume in USO today, I see the next support as 31.96.
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A quantitative analysis of volume at price points, candlestick charting, Fibonaccis, and other techniques to ascertain future price behavior.
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31.91, test complete, volume looks to be light so we could see a spring here, that's USO, will look at the contract and post any differential...
ReplyDeleteFeb Contract is 2 cts shy on the low, 40.57 is the number today's low 40.59, so far... it doesn't HAVE to test it, but it would set up a better risk long...
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