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home / news releases / USOI - Crude Oil Trend Breaks Downward Rejecting The $120 Price Level

USOI - Crude Oil Trend Breaks Downward Rejecting The $120 Price Level

Credit Suisse X-Links Crude Oil Shares Covered Call ETN
  • Just before the US Fed raised interest rates on June 15, 2022, Crude Oil was trading above $120ppb.
  • I believe the US Federal Reserve will continue to raise rates aggressively in an attempt to tame inflationary trends.
  • With the market environment and Crude Oil trend, it’s imperative to assess our trading plans, portfolio holdings, and cash reserves.

For further details see:

Crude Oil Trend Breaks Downward, Rejecting The $120 Price Level
Stock Information
Company Name: Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Stock Symbol: USOI
Market: NASDAQ
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