USO is a good short for 1 more day

We have strong increase in volume from the beginning of October. Major players are attracted and are buying, could be close to a bounce up.


chart courtesy of marketvolume.com

 

ERX ..MISSED the drop below $75 on Thursday and regretting it...think its going to $85-$90 by next week. Maybe even higher ..

 

it's not difficult to calculate whether you can take it lower or not

see dax



or google

 

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Amen and Arabians actually want plenty more of cheap crude.Americans like that chart+ USO downtrends; probably USO + oil goes down more. The leveraged oil companys may lose the most.Not a prediction simply; wisdom is profitable to direct