USO Trade May be coming

I'm really not crazy about the way USO looks, even from the earlier EIA post and it is above a very obvious resistance level, this may in fact be a nice bull trap/head fake move worth taking a look at. I'd like to see USO move up a bit more intraday on a negative intraday divergence before entering a position short there.

I may consider a partial position in this area in the equity model portfolio, if I feel timing can be nailed down then I may consider an option position in the options model portfolio.

Charts coming