USO has reached the 11.41 Major Resistance today.
Oil moving into a stronger position would be a positive for stocks. Why? See chart below.
Oil bounces back to Resistance
Daily analysis - Stock Market, Bonds, Forex and more
Daily analysis - Stock Market, Bonds, Forex and more
USO has reached the 11.41 Major Resistance today.
Oil moving into a stronger position would be a positive for stocks. Why? See chart below.