As suggested some time ago, an extended 5th could occur in USO... and it's happening. We may bottom around $1.92 or $0.95. Currently at $2.6 in pre market. This is possibly one of the most dangerous falling knife ever :knife:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.