“ETFs Trading Map” for February 1, 2010: “…Commodities ETFs: last week we’ve said that: “USO is now heading for a test of support at 35.48, or the bottom of its short-term trading range…the overall trend remains bearish.” As anticipated, USO rolled over and test support at 35.48 last Friday. Although the overall trend remains bearish, it’s now nearly oversold following recent so…” Subscribers, please login read more.
Articles tagged with: oil
“ETFs Trading Map” for November 2, 2009: “…Commodities ETFs: last week we said that: “GLD and USO moved up to test the top of their short-term trading ranges. Although they’re both extremely overbought following recent advance so we should expect some consolidations over the next couple of days. The overall trend continues favor the bullish case.” GLD rebound nicely off support at the middle of its short-term trading range and is now heading for a test of…” Subscribers, please login to read more.
Capital Essence’s “ETFs Trading Map” for October 26, 2009: “…Commodities ETFs: commodities caught a bid last week with both of GLD and USO moved up to test the top of their short-term trading ranges. Although they’re both extremely overbought following recent advance so we should expect some…” Subscribers, please login to read more.



