Comments on: USO & Crude Futures Update https://rightsideofthechart.com/uso-crude-futures-analysis-2/ Stock Trading, Investing & Market Analysis Fri, 20 Mar 2020 03:47:29 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Dean Drummond https://rightsideofthechart.com/uso-crude-futures-analysis-2/#comment-13883 Wed, 05 Feb 2020 14:51:29 +0000 https://rightsideofthechart.com/?p=195683#comment-13883 In reply to Chriskimer.

$55 sounds about right. I have targets/resistance levels on my daily chart at 54.79 & 60m /CL chart at 54.76 which is where at the very least, a decent reaction is likely & quite possibly, the end of the run (assuming crude gets there soon) but I’ll have to assess the charts if/when that happens. Thx for sharing your targets & analysis.

]]> By: Chriskimer https://rightsideofthechart.com/uso-crude-futures-analysis-2/#comment-13882 Wed, 05 Feb 2020 14:24:29 +0000 https://rightsideofthechart.com/?p=195683#comment-13882 I do believe there will be a bounce, $55 is my max target and I also believe Oil will go lower to around $44 in the month of February.

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