Welcome back everyone and Happy Saturday.
With the start of the new year, I have had a lot of requests to cover commodities. So today, we are going to dive into Crude Oil (CL) and pair it with the USO ETF to see what is cooking on the charts.
Some of the guys in the room have been sniffing around for longs down here, and clearly, it is working so far—we’ve already seen a nice 8% pop.
Here is my perspective on where we are headed.
