USOIL ShortMy possible forecast for USOIL.
Might gonna restest one or both of the support levels.
But in the long run, it should be going for a downward trend.
Supported by:
- The situation in India (could last maybe a week more before it settles a bit)
- Possible weak oil demand in Japan
Could be interrupted by sudden positive news regarding faster "opening" in some countries or forecasts.