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GregFolin

$USO Sits at the Crossroads Into Thursday's OPEC Meeting

United States Oil Fund (AMEX:USO)  
GregFolin  
AMEX:USO   United States Oil Fund
Chart Patterns Technical Indicators Beyond Technical Analysis USO
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chartpattern indicator beyondta uso
USO is pinned in a zone that equates to $30 and $20 in WTI Crude Oil futures as we approach Thursday's emergency OPEC meeting -- if it even happens. The Russians and Saudis need the US to find some way to participate in production cuts. Otherwise, that $20 level will likely be back under pressure.
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