Oil at near term bottom … Buy USO – Oil tracker


“The OPEC cuts are real and are cleaning up the market,” Citigroup analysts including Seth Kleinman wrote in a report earlier this week.

WSJ today :


Bloomberg  :


Bloomberg  :   « Goldman, Morgan Stanley, Bank of America and Citi stay bullish »



Tech : Oil price found support in 46.50 -47 area (Blue support) on strong down volumes (Yellow ellipse) .

Tactical / Virt pf : Buy of 1 Unit USO Limit 10.37 USd // Stop on WTI firm closing below 46.50 USD 



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