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TFC Commodity Trading Forum

Re: WTF moment in Oil - /Silverbear/Trades/USO *PIC*

Wow, looks like USO, along with crude oil, is workin' hard to get back up into the green again. What a crazy volatile day eh!? And look at the volume bar on USO so far, with 2 1/2 hours still remaining before the close!

USO has filled the February gap and also successfully retested the breakout all in one fell swoop here today...lots of shakin' n' bakin' to get there though! Also have a potential 'hammer' reversal candlestick in the making here coupled with the possible completion of a bull flag pattern...lots of stuff lining up on the long side perhaps...