Oil Hits Measured Target Price

By -

Based on the pattern at the top, the measured move was for a move to 33.72. USO has nailed it beautifully (two days in a row, in fact). Will it stop here? Search me. Considering how silver and gold are acting, it seems that anything of value you can hold in your hands is rapidly heading to worthless. Put all your money in bitcoin and social media stocks, I guess.