View for the week on $USO $CL crude oil

Looks like no responsive buyers coming in yet for oil, however we think that the recent Trump tariff and sanction retaliation with Colombia might affect this

We import more oil from Colombia than the Saudis, so that might be why Trump is asking for lower prices

Either way, the divergence to $IVE / $IVW spreads (value vs growth) call for a massive rally in oil, so does the $DXY dollar and $TLT bond convergence that's pending

If $BTC Bitcoin price action tonight is any indication, then we should expect a volatile week ahead with Fed meeting, GDP and PCE as well ☕️
#USO #CL