Daily Archives: October 10, 2026
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13Jan1:15 pmEST
Misfire!
We charted the potential crude oil false breakdown last week on social media and with Members. However, given the upside follow-through we are seeing today it seems instructive to acknowledge it here. On the USO ETF daily chart, below, we can see multiple attempts to sustain a fresh breakdown in oil in recent weeks, especially given the...
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“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
