make some profit. It looks like mid to late February will be the end current cycle making a low before heading higher for next 3-5 weeks.
Investment Strategies:
- Use this information to trade USO. Between February 15 – 27, USO may be at its low around $35 - $36. This will be the time to go LONG on USO. Hopefully, we can ride it up all the way to $40-$41 level.
- If first strategy works, then we should sell high and possibly consider SHORT position on USO on the way downward in the remaining 3-5 weeks of the cycle.
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