Trade Alert: OIL USO

The price of crude oil futures traded over $110.00 per barrel and there seems to be no let up, but there are warning signs. You can see in the daily chart of the USO the volume exploding, with record 10+ million shares of the ETF changing hands and most of that buying. Now ask yourself what will happen once all the shares that can be bought have been bought exhausting all the available money to buy it. This one is easy it will crash providing for a nice short and a new long entry point. We will play this double edge sword long with USO and short via OIL using a full position of each.