Expected Key Points USOIL 17 May 2022

USOIL 17 May 2022

The daily expected volatility is around 3.53%
With an 77% accuracy based on the historical data, we can assume that the price of USOIL today is going to be between
TOP 117.70
BOT 109.7
All of this taken into account with the opening price of today which was 114

From VOLUME POC point of view its above 114 which imply a bullish momentum at this very moment.

From Fundamental/News point of view that can affect USOIL price:
In 10h from now, FED Chair Poweel speaks