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USO

uso_002

USO is trading above its 300 day SMA in the pre-market. This average has been acting as resistance. If USO can breakout here, we might be entering another uptrend in crude oil.

§998 · November 4, 2009 · USO · · [Print]
  • I was able to take the REV short trade at the open. Shame on me for the stop out on SNDA. I saw the pipe bottom and talked myself into the short trade anyway. I deserved to lose money on that trade.
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