USOIL

Updated
Looking at the charts for USOIL, all I can see is a Harmonic patter forming. The Bullish, Bat pattern will typically retrace to 88.6% of the previous XA run up. This would put USOIL at $37 a barrel. I won't short this, but if it gets to $37 I will go long in energy.
Note
Harmonic Pattern Bullish BAT
Trade active
With the move higher with volume I think its time to buy OIL.
erxERYgushCrude Oil WTI

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