Same for downside.
If you are familiar with GLD, is same idea.
However, unlike GLD which is around 75 USD now (Gold @ 750), here price is totally different as a digits.
There are one more ETF that tracks crude, its code - OIL, but the volume there is low.
USO 3mo chart:
The rectangle is defenetly broken (not quite seen on the chart) USO 1 year chart:
Upper channel... We may see down to 55 USD per share - good time to buy.
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