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United States Oil Fund LP V.USO.RT


Primary Symbol: USO

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the Benchmark Oil Futures Contract, plus interest earned on USOs collateral holdings, less USOs expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.


ARCA:USO - Post by User

United States Oil Fund LP > SP
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Comment by RayTeeon Apr 12, 2017 10:36am
129 Views
Post# 26112101

RE:RE:RE:SP

RE:RE:RE:SPwell, it is always difficult to get a read on the share price when the trading volume is as low as it is now.  That is one of the reasons why day traders using technical analysis stick to companies with a high trading volume.

with volume this low, you cant make out a trend if only 2 - 3 sales happen in a day and the share volume traded is minimal.
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