As discussed over recent reports we believe the downside move by crude oil is maturing fast and subsequently the risk/reward is improving for the buyers. At this stage we see no reason to fight the downtrend but we are keen on dips into lows – a potential switch vehicle from our US tech exposure through April.
- We like the BetaShares Crude Oil ETF (OO) into dips under 4.50.
MM likes the OOO ETF into fresh lows through 2023
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