“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
USO likely faces selling pressure if it breaks and holds above 142.
Um oil it's a bit of a problem. USO is up three when oil is up. Spies do not like it. That's been the narrative. Let's take a look at USO first. USO look if it gets above this uh you know 142ish and holds it. you know there's really nothing up to the highs and the computers are not going to like that.
So indicy sellers will come back if USO gets above here which um it basically is it's opening above there. So that's why the spies are up a dollar now it's down.