USO – US OIL ETF – OIL GIANT Fighting…

USO – US OIL ETF  –  Back Today  on ATA Research Radar 

 

ATA Continuation of…

26.04.2020 –  USO – US OIL ETF – INTO BLACK ABYSS…

with

ATA Following …

OIL – Long Term & Secular Perspective

Latest

25.04.2020 – OIL – Secular Perspective after Minsky Moment…

OIL – Short Term Horizon 

Latest

2.05.2020 –  OIL CME June – Bulls Fighting to get to the Surface…

&

DXY

20.01.2019 –  DXY – NO F/X CAPITULATION…

 

Present Master  USO Motives

USO – US OIL ETF  Emergency Actions

1:8 Reverse Split

(after the market close on April 28th with shares trading at new price)

Revamp Portfolio

&

Goldman Sachs Oil Tactic 180 degree Change of Mind

Now

Goldman Sachs – Bullish on Oil

Brent Rallying Back to 30 USD  Q3/2020

vs

Last

Goldman Sachs – another Oil Price Crash

Combination of  Factors :

weak demand, excess supply,  shortage of storage

&

US  & Global Economy Reopen

V-Shaped Recovery Scenario Mainstream Projections 

Hopes of Potential Coronavirus Drug from Gilead Sciences

vs

FED Powell Warning 

US W-shaped Recovery too optimistic

FED QE Risk Off Strike

Cut QE from 75 Bln USD per day March to 8 Bln USD Now

 

ATA USO  Conclusion 

Giants  OIL Smart Money in USO Play 

against All Odds

Oil Warnings non stop creating by Mainstream 

with still Active

Perfect RISK OFF Motives  in Oil Strategic Game 

Big OIL Era End –  RISK OFF Scenario 

&

Putin – Russia Bankruptcy  Open Option 

USRR Red Empire Fall  Deja Vu 

George Friedman Russia – Oil Warning

Russia World Biggest Loser from Oil Crash

Geopolitical Reason to Worry

with

USD Master F/X  Vector for OIL 

&

Global Coronavirus Pandemic – still High Risk 

with

Global Slowdown or Recession Extreme High Risk

 

USO - 1

 

First…ATA  from  26.04.2020

” Now dominating

First…No Bear Wave Continuation 

Second…Bull Contraction

Bull Strikes Back

Back above Higher Psychological Key Level 2.50 USD

( Last Friday EOD 2.57 )

with

Monthly Mega Volume   

 

 

Second…Present  USO  Situation 

USO  SECULAR  SITUATION 

ATA MARKET MODEL IN SECULAR ACTION  

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

After

OIL Minsky Moment 

Dynamic OIL Waterfall under  ” Ground Zero ” Level 

Test  – 40 USD Abstract – La Grande Noir…

with

USO Prices Shot Down

Test Psychological  Key Level 2.00 USD  

( All time Low 2.31 USD )

since 29th April  – 1:8 Reverse Split

Test Psychological  Key Level 15.00 USD  

( All time Low 16.88 USD )

Now  still dominating

First…No Bear Wave Continuation 

Second…Bull Contraction 

Bull Strikes Back

with

Testing  Higher Psychological Key Level 20 USD

( Last Friday EOD  18.86 )

 

 

USD Present Battlefield 

15 – 18   vs   20  USD

with

Major Psychological Key Levels  15  and  20  USD 

 

ATA  Investment  Conclusion 

special focus on

Present Active USO Zone 

15 – 18   vs   20  USD

with

Major Psychological Key Levels  15  and  20  USD 

&

Research New Pattern

of course with

New OPEC+, Saudi Arabia, Russia Central Banks Strikes 

 

N – TIMES

F/X  Maximes 

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…EOM – April

 

by the Black Gold way

always remember

Oil  – Key Pathfinder for Wall Street & Global Stock Market…

 

USO  Monthly Charts :

24.04.2020 – EOD 

USO - M

1.05.2020 – EOD – (  New Prices since 29th April  – 1:8 Reverse Split )

USO - M

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