Look at the 2014 Q4 OIl drop when the production exceeded the demand and was a choppy trade for a year. from a % drop standpoint we saw similar with the Corona effect. Only so much for a repeat? We shall see. I bought USO yesterday at hte dip and believe that will eventually come back up.
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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.