USOIL is below the 50 and 20 mva on the 4h chart which are about to cross. It's dipped below, and is coming back up to touch the MVAs from below. It's finding resistance there, which is to be expected, and indicates it's trending down now on the 4h chart.
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.