My dear friends, My technical analysis for USOIL is below: The market is trading on 79.75 pivot level. Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 78.07 Recommended Stop Loss - 80.64
About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK