USO Short
Oil is going to make its seasonally adjusted pullback to lower levels taking USO with it. The set up is already a nice downward channel with a double top confirmation. Look at Sept puts at 35, 36,37. Could drop as low as 33 making a stop at 35 for support before continuing downward
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.