One Gap closed on the ETF OIL tracker

Gap closed this morning.
Other gaps still below,
but Positive divergence now on the hourly RSI(5)

USO_2.jpg
 
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Right.
But some kind of "suction" below.
That downtrend line from June 2022 calling the shots here.
(much different $WTIC to USO)
Shorts working hard.
 
slight bullish divergence on the hourly
See what happens in a few hours.
For the record, I am just long (LTCG).
No scalping, no swing trading.

USO_3.jpg
 
But hey wait a darn minute everyone was expecting 100 oil a few weeks ago..

Haaaaaaaaaaaa.......
%%
LOL the cure for Hi prices \is high prices .
Even XOM admitted ''unwanted $20 spec premium in oil''
Bottom line, is many were not buying the hype = '' some ...... writers are newbies'' .:D:D
 
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