I have updated my USO Technical Analysis Stock Chart.
Oil has been crushed over the past two weeks as well as natural gas....Oil has hit a key support level of around $124 and I think you could see it atleast stall here if not move higher. Another major support level is $120 for the price of Oil.....this would be around $98 for the USO.
If these support levels are broken....look out below!
I have also updated my Jamer River Coal Chart ( JRCC ) & Ivanhoe Energy Chart ( IVAN )