Seeking Alpha

InTheMoneyStock...'s  Instablog

InTheMoneyStocks.com
138 Followers
3 Following
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
InTheMoneyStocks.com
My blog:
Pro Traders Rant and Rave Blog
  • USO Creeps Higher, Watch These Levels  0 comments
    Jul 12, 2011 11:09 AM | about stocks: USO, UGA, OIL
     The United States Oil Fund(NYSE:USO) has rallied higher by 0.14 cents to $37.43 share. The USO started the morning around the $37.00 level and has rallied slightly higher throughout the day. Traders can watch for intra-day resistance around the $37.50 and $37.65 levels. The USO will usually trade inverse to the U.S. Dollar Index.

    This morning, the United States Gasoline Fund(NYSE:UGA) is trading lower by 0.31 cents to $51.40 a share. Traders can watch for short term intra-day support around the $51.00, and $50.75 levels. Should the UGA trade higher throughout the session there will be short term intra-day resistance around the $51.65 and $52.00 levels. The UGA still remains very strong on the daily chart at this time. The average price for a gallon of regular gasoline in the United States is currently $3.64.


    Nicholas Santiago
    InTheMoneyStocks.com
    Stocks: USO, UGA, OIL
Back To InTheMoneyStocks.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

  • Weak US Dollar, easy money = GOLD Higher $GLD
    Feb 21, 2012
  • For technical traders, yesterday was a buying opportunity. For the other 99%...http://bit.ly/qmvOpq
    Aug 11, 2011
  • April gold finished higher by $12.90 to close at $1,414 an ounce.
    Feb 23, 2011
More »

Latest Comments


Most Commented
Posts by Themes
stocks, $EWH $FXI $EWJ, 10 year, 200 moving average, 2012, AAPL, ADP , ADP Employment, ADP Private Jobs Report, ADR, agriculture, Agriculture, ainvesting, airlines, AKS, AMZN, Apple, ARUN, ASCA, Asia, AT T, Auto, Automotive, AXP, bailout, banks, Banks, Bernanke, BIDU, Blackberry, BLK, bonds, bounce, broadcom, BYD, case shiller 20 city index, CAT, China, china, citrix systems, CLF, coal, Coffee, commodities, commodity, construction, copper, Cotton, cotton, CPI,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.