T3 Live on $USO (Nov 3, 2026)
After a reversal top at 171 failed to hold, USO closed on the dead lows and left a big gap it now trades above; the speaker would probably neither buy nor short oil here and will just watch it, because the relationship looks odd right now.
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Um, as far as USO oil, you know, oil had a big gap down which helped a little bit yesterday. Not a lot. The markets were all lower with oil oil lower. Everyone's like, "What the hell's going on there?"
I don't know. Um, but anyway, USO is up 440. How cute is that? It closes on the dead lows. Leaves a big gap. So, we like red dog, I'm going like this is when you should have been short oil.
Red dog reversal top, right? Went to 171, failed to hold, gave you a top until was extended. So, yesterday was your money trade in oil to the downside. And now, uh, where's the gap here?
The gap starts so much misdirection. So, these computers are good. 159.86. It's above that. It's a 16128. Um, would I be buying oil here? Probably not. Would I would I will I short it?
Probably not. I'll watch it because right now the relationship's a little odd [snorts]
What this channel has said about $USO
T3 Live has 3 calls on this stock; only the adjacent ones are shown.