USOIL Analysis by @pipsnipers

The analysis begins with the Dow Jones Industrial Average, noting it has reached highs set in December 2024 and February 2025, forming equal highs. The Dow Jones Transportation Average shows bearish divergence, signaling underlying economic weakness. The daily RSI is in overbought territory, and the RSI multi-length indicator flashes green, a sell signal. A move back down to the 21-day and 50-day moving averages on the Dow, 43240, and 42366 respectively is expected. For the Nasdaq (NQ), a class C bearish divergence is observed on the 4-hour timeframe. The S&P 500 has daily RSI in overbought territory and a green flash on the RSI multi-length indicator. US Oil is trending above its 21-day moving average, currently around 68.33. The analyst believes the DXY has bottomed and is trending above hourly EMAs with a target of 103. WTI crude oil is expected to range between 63 and 69. Bitcoin is moving sideways, triggers for potential moves upward depend on breaking 109664 and 110439, while moving downwards requires breaking 93418.