My dear friends, Please, find my technical outlook for USOIL below: The price is coiling around a solid key level - 74.39 Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 71.82 Safe Stop Loss - 75.88
About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK