United States Oil Fund (USO) in bullish channel
The price has broken out of a long bearish channel (green color), and is now in a bullish channel (cyan color).
Within the long bearish channel, we can see a downward seasonality in the second half, in the months of July and October.
Will the cycle repeat itself in July or October of this year?
Within the long bearish channel, we can see a downward seasonality in the second half, in the months of July and October.
Will the cycle repeat itself in July or October of this year?
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