Hey everyone,
USO looks to have bottomed out and will be moving up into the summer months. Boring indicator has triggered signaling bullish uptrend and with the Fibonacci retracement lines I see a an slow and upward climb. Happy trading!
On the 15 and 30 minute chart on SPY there is a major head ans shoulders which has formed so I expect a pull back to the 2340s before another rally upwards. I am not an expert nor a licensed professional this is strictly my own opinion.
Thank you and happy trading!
