Massive "M" in WTI / Oil
USOIL appears to be forming a massive M pattern, which suggests much lower prices.. SPX will follow this issue down, IMO. Not a rec to buy or sell.
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.