USOil Short Run Drop
In the short-run, there's more likelihood that USOil will continue its bearish momentum and drop somewhere between 50-51.03 (based on weekly and daily charts, respectively). Setting up a sell stop order few pips below 52 if current price action gets bearish below S1 pivot line, with TP at daily support, and SL slightly above current mid BB and S1 pivot line.
oilprice.com/Energy/Oil-Prices/Oil-Prices-Spiral-Lower-On-Signs-Of-Strong-US-Oil-Recovery.html
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oilprice.com/Energy/Oil-Prices/Oil-Prices-Spiral-Lower-On-Signs-Of-Strong-US-Oil-Recovery.html
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