| Oil ETFs continued to rise slightly today, however oil ETFs’ latest bullish swing may soon be over. The West Texas Intermediate Crude oil price per barrel dropped .12% to close at $93.16, while the United States Oil Fund ETF gained .12%. The United States 12 Month Oil Fund ETF performed similarly with a .22% rise.
So, are oil ETFs’ temporary rise soon to be over? According the RSI of NYSEARCA:USO, NYSEARCA:USO’s rise just might be over...............................................Full Article: Source
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