ARTICLE SYNOPSIS...Has crude oil finally bottomed? The technical and fundamental evidence says "Definitely maybe." Bottom or not, here's a low-risk swing trading setup in USO.
ARTICLE SYNOPSIS...It's been a long, slow grind higher for USO, but the recent weekly breakout looks to be very convincing.
ARTICLE SYNOPSIS...USO may be poised to form a double top.
ARTICLE SYNOPSIS...While the long-term trend for the United States Oil Fund ETF is certainly up, an extended harami shows hesitation that could foreshadow a correction.
ARTICLE SYNOPSIS...USO has been in a bull market since 1999. However, there is a high probability of overhead resistance that could turn this fund downward for a selloff of as much as 62%.
ARTICLE SYNOPSIS...The tradable could start flying and soon, but it will not be unidentified. Now, where it could fly to is the real question.
ARTICLE SYNOPSIS...USO rallied sharply after breaking higher from a bottom reversal pennant formation in mid-February 2009. Is the current price action signaling the start of a corrective phase in crude oil?
ARTICLE SYNOPSIS...Compared to the record-breaking selloff in the oil markets in 2008, the 2009 rebound in crude oil might very well earn it the title of the comeback kid. Could crude be setting up for still more upside?
ARTICLE SYNOPSIS...Some bank savings accounts only pay 1% per year. Successful daytraders can make that much in just a few minutes -- sometimes. Here's one trade example that might provide some incentive to master the art of daytrading.
ARTICLE SYNOPSIS...After declining by more than 58% since late June 2014, shares of the United States Oil Fund are getting close to a major multicycle low.