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Adam-Cox

It's not over until the 'Fat Lady' sings!

United States Oil Fund (AMEX:USO)  
Adam-Cox  
AMEX:USO   United States Oil Fund
Beyond Technical Analysis Oil VIX CBOE Volatility Index
2
0
beyondta oil vix
I am still long oil.

Mixed messages - but I don't have a sell signal, and I don't have indication of a market sell off as indicated by my crash monitor.

There are offsetting data:
  • inventory builds
    OPEC output volume increases
    Re-opening economies (impact from general wage growth)
    Potential upside from the US infrastructure Bill
    Increased in gasoline prices (offset by supply builds)
    Rig counts

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Adam-Cox
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