USO 1 min-bounce coming with the rest of the market-good time to add or initiate shorts into strength(broadly speaking).
The 5 min is trying to catch up on the downside it looks like, we'll have to watch this one.
10-min is in a leading negative divergence
And old faithful, the 15 min chart shows the exact point of reversal-it's also in a leading negative divergence suggesting we have more downside to go before an accumulation cycle begins. However, NATO bombs over Libya could muddy the waters, or we may be seeing a discounting of that eventuality now.
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