A NEW IDEA ON OIL ETF USO $USO $SCO $ERY $XOP $OIH $XLE #OIL
These posts were just published on ZYX Short Sell Change Alert. A NEW IDEA ON USO Short selling a 20% tranche in USO right here at $11.03. More later. MORE ON OIL Consider building a total position in USO of up to 40% of the full core position size in the zone of $10.85 to $11.25. Stop zone $11.36 to $11.67. Target zone is $9.66 to $9.88. Consider NOT using futures because of extreme volatility. Crude inventories came at +2.0 M vs. consensus of +1.75 M; gas inventories came at +1.61 M vs. consensus of -1 M draw; distillates came