USOIL
I think oil is primed to bounce. The trend is up and bullish divergence on Stoch indicator. Also MACD is ready to cross over in uptrend. Price just bounced off 50DMA. Small technical details need to improve on a chart and it is ready to run again. Main catalyst just took place - Suez canal.
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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.