USO – US OIL ETF – RISING WAVE…

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

 

ATA Continuation of…

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

3.05.2020 –  USO – US OIL ETF – OIL GIANT Fighting…

17.05.2020 –  USO – US OIL ETF –Vamos Goldman Tactic Strike…

with

ATA Following …

OIL – Long Term & Secular Perspective

Latest

7.06.2020 –  OIL – Secular Horizon – Bull Show…

&

DXY

20.01.2019 –  DXY – NO F/X CAPITULATION…

 

Present Master  USO Motives

OPEC New Deal – Today Decision 

OPEC and Allies  agree to extend record production cut

Yesterday Friday Oil  rally  ahead of OPEC+ Deal Expectation 

after earlier

OIL Hitting  Goldman Target

and before that

Goldman  Oil  Schizophrenia 

Goldman Sachs Oil Tactic 180 degree Change of Mind

Last

Goldman Sachs – Bullish on Oil

Brent Rallying Back to 30 USD  Q3/2020

vs

Earlier

Goldman Sachs – another Oil Price Crash

 

OIL Mega Run 

on

US – EUROZONE – Global Economy Reopen

U or L – Shaped Recovery Scenario Mainstream Projections 

with

FED Powell Warning 

US W-shaped Recovery too optimistic

 

ATA OIL  Conclusion 

Giants  OIL Smart Money  still in OIL  Play 

OIL Hitting Higher Psychological Target 40 USD Zone 

but 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

 

High resolution background of dark water or oil surface

 

First…ATA  from  17.05.2020

” Now  still dominating

Bull Contraction 

Bull Strikes Back 

with

Back above Psychological Key Level 20 USD

( Last Friday EOD  22.39 )     ”

 

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

Bull Contraction 

Bull Strikes Back 

with

Back above Psychological Key Level 25 USD

&

Testing Higher Psychological Key Level 30 USD Zone

( Last Friday EOD  28.87 )

 

USD Present Battlefield 

25 – 28  vs   30-33-35  USD

with

Major Psychological Key Levels  25  and  30  USD 

 

ATA  Investment  Conclusion 

special focus on

Present Active USO Zone 

25 – 28  vs   30-33-35  USD

with

Major Psychological Key Levels  25  and  30  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 – June

 

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

15.05.2020 – EOD – (  New Prices since 29th April  – 1:8 Reverse Split )
USO - M
5.06.2020 – EOW 
USO - M

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