For the sixth day in a row USOIL has put in a new low, despite being overdue for a cycle low. OIH, the oil services sector ETF has managed to stay positive, despite this. However, we don’t want to overstay our welcome on this trade if oil does continue to drop. So we’re moving our stop up on OIH to $20.97, just a bit below today’s current low price. If oil starts moving up here, … read more Trade Update
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