$United States Oil Fund LP(USO.US$ is showing a cup and handle formation on the daily timeframe.
some key levels are 83, 98, and whatever risk tolerance you set for a stop.
Seeing summer coming up, oil tends to rise but there is an election coming up as well so stop losses are crucial !
some key levels are 83, 98, and whatever risk tolerance you set for a stop.
Seeing summer coming up, oil tends to rise but there is an election coming up as well so stop losses are crucial !
![USO cup and handle](https://ussnsimg.moomoo.com/sns_client_feed/70754205/20240515/70e55f8bc9d4f9b72a27814e741cd7d6.jpg/thumb?area=100&is_public=true)
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SlychoOP : Crude Oil Inventories decreased by 2.5 Million
SlychoOP : Barge spills up to 2,000 gallons![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)