I came into the day short USO, and it's been down hard all day (a little over 3% as of this writing). Although it could get a little bit of a relief bounce, I think the stage is set for a move down to about $28 or so before it's all over.
I came into the day short USO, and it's been down hard all day (a little over 3% as of this writing). Although it could get a little bit of a relief bounce, I think the stage is set for a move down to about $28 or so before it's all over.
