United States Oil Fund ETF (USO) weekly chart

Again! Oil (USO ETF) will test major support of 29
USO will test major support of 29.  Intermediate trend is down and near-term trend is down.

USO 3-Year Weekly Chart

Again, USO will test major support of 29. Intermediate trend is down and near-term trend is down.

The United States Oil Fund® LP (USO) is an exchange-traded security designed to track the daily price movements of West Texas Intermediate (“WTI”) light, sweet crude oil. USO issues shares that may be purchased and sold on the NYSE Arca………………….

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