ETF CORNER

USO : Possible bounce near these levels

USO : Intermediate term outlook

USO : Still Bullish ? Hell yeah !

USO is breaking out of the triangle i pointed out in this last post.

The next big target is near $39.

 

USO : Bullish

USO will probably break that consolidation triangle on the upside in the next few weeks.

As for GLD, I think that it will get to the $160 i talked about in the previous post. So that is a nice entry point in my view.