Brent crude oil hits new 2.5 year high: USO ETF buy alerts

Brent crude oil has reached a new 2 and a half year high this morning, trading at $123.

USO alerts charts, note the score of +90 (from INO's system, click for trial)

Note also that we are still way off its peak of 2008  in the middle of the financial crisis. Note the accuracy of the signals, particularly the sell in July 2008 (red triangle).

To really see the rise, please see the 6 month chart, note the buy signal (green triangle) in November: