West Texas OilShort
USOIL in SHORT zone
USOIl is in its short price range. Banks are also doubling their short position. There is a very high chance probability that the price will bounce back to previous lows. The current price is very overbought (OB/OS index).
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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.