Browse Stacks: Other: Media: slopechart_USO.jpg


Today's action in USO in one minute increments: The slyphlike orange rectangle represents, in theory, the headline grabbing news of the catastrophic drop in crude oil prices that many folks woke up to this morning. MM21, Movin', LZ and others explained how the /CL Futures (and this ETF) work. Thanks to them, I'm still not touching futures...yet. Or any sketchy ETFs related to commodity futures or Forex.

Image added via SlopeCharts


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