Crude Rally Ended By Greater Than Expected Inventory Build - United States Oil Fund (ARCA:USO) - Benzinga

Closed near upper end of month-long trading range on Tuesday at $48.53.
Rallied and found resistance above August 31 high ($49.63), reaching $49.71.
Tanked after inventory build, going past the close ($48.53) to $48.23.
Since making the low, attempting to return to the $49 handle.

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USOUnited States Oil Fund

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Momentum35.71

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