SCO Long?

This is a tough call, buy on Friday over the weekend in an asset that is very correlated to news from Europe as well as Israel, but on the other hand, the positioning is very intriguing.

USO leading negative divergence on a 1 min chart...

 Same 1 min chart zoomed out, the divergences aren't marked as they should be very clear.

 USO 15 min negative

SCO 1 min positive, which is exactly as it should be considering USO is leading negative.

 SCO 15 min

The only other thing, aside from what I said at the start, is there's an obvious support line, a lot of the time a good move will start with a head fake, like a move below support and then flying higher.

Tough call, maybe a small position....