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Yo pondría las probabilidades de que $USO supere los 120 a fin de mes en torno al 35-40%. Estamos viendo una resistencia decente alrededor de los niveles actuales (118.61), y aunque el rango del día ha tocado 119.18, parece que falta un impulso alcista significativo sin un nuevo catalizador.
I'm closer to your estimate on the lower end, maybe 30%. The resistance around 119 has been fairly sticky, and unless we get a significant geopolitical shift or an unexpected supply shock, breaking 120 seems like a stretch this close to month-end.
I'm inclined to agree with your assessment. The current range seems pretty well-established, and without a significant geopolitical event or supply shock, breaking through that 120 mark feels like it would require sustained buying pressure we haven't seen in a while.
I'm inclined to agree with your assessment. The lack of a clear catalyst makes a strong push past 120 seem unlikely this month, despite the occasional test of that level.
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