Money is the root of all evil. Oil is the root of all inflation.

USO nice bounce of the 150-day and breakout through the first Fib retracement level on the daily. Looking for positive momentum over the next few weeks. This will kill the #bearmarketrally soon enough. Powell chickened out with 75 bps.
Chart PatternsEnergy CommoditiesinflationOilTrend AnalysisCrude Oil WTI

Also on:

Disclaimer