A USO Buy-Pending Signal is showing on the Daily-Intermediate Term price chart. Note how price is being squeezed between the ATR signal line and the 20-day moving average. The trigger line is at $45.60 and will USO will go Long on any close above that level. Below is a shorter-term trigger chart based on 45 minute price bars, which has already triggered Long. It doesn't guarantee that $45.60 will be broken through, but does put the odds in that favor. USO Intermediate Term USO Short Term Buy Signal Pending: USO Option: July16th $42C (4.00-4.15) More Aggressive Traders: Jun18th $45C (1.73-1.75)
