Comments on: /CL USO Crude Oil Trade Idea 6-23-25 https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/ Stock Trading, Investing & Market Analysis Thu, 17 Jul 2025 15:52:26 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: ianmac https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36252 Tue, 24 Jun 2025 20:03:53 +0000 https://rightsideofthechart.com/?p=217461#comment-36252 In reply to Olie1971.

Prob because there are no sell signals and the boat for the longs has sailed…..again.

]]> By: ianmac https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36250 Tue, 24 Jun 2025 20:00:27 +0000 https://rightsideofthechart.com/?p=217461#comment-36250 In reply to reloaded.

Because it’s bearish for equities and we only seem to long markets that are bearish for the market overall.

]]> By: junkie https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36246 Tue, 24 Jun 2025 16:41:19 +0000 https://rightsideofthechart.com/?p=217461#comment-36246 @randy 62-ish would provide with a much better entry if /CL gets there. Currently, in an h-pattern with 64.33 being the floor, so there is a chance to reach 62-ish.

]]> By: Picolo3 https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36243 Tue, 24 Jun 2025 15:54:06 +0000 https://rightsideofthechart.com/?p=217461#comment-36243 In reply to KevinK.

update on the market? are we still short QQQ?

]]> By: KevinK https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36241 Tue, 24 Jun 2025 15:35:05 +0000 https://rightsideofthechart.com/?p=217461#comment-36241 USO blew through my stop faster than Israel and Iran broke the cease fire.

]]> By: Olie1971 https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36240 Tue, 24 Jun 2025 15:28:49 +0000 https://rightsideofthechart.com/?p=217461#comment-36240 No update?

]]> By: reloaded https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36239 Tue, 24 Jun 2025 07:39:36 +0000 https://rightsideofthechart.com/?p=217461#comment-36239 Why is crude a long when it has negative divergences indicating to short it ?

]]> By: Olie1971 https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36237 Mon, 23 Jun 2025 22:43:06 +0000 https://rightsideofthechart.com/?p=217461#comment-36237 Can we get an update, please. I took this trade as well. I played it with options. I’m still in the trade and down 50%. Any chance for a bounce in your opinion based on technicals or would a bounce only come from things deteriorating in the Middle East which no one wants. Oil has definitely been buy the rumor sell the news with the news being a small symbolic only retaliation.

]]> By: HermonMunster https://rightsideofthechart.com/cl-uso-crude-oil-trade-idea-6-23-25/#comment-36236 Mon, 23 Jun 2025 19:53:34 +0000 https://rightsideofthechart.com/?p=217461#comment-36236 Took this trade. Crude dropped to the 200MA on the daily chart. I’m shocked at today’s action. I thought the US bombing of the nuke sites would have been more negative for the market. Hopefully cooler heads prevail, there are so many soft targets around the world.

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