USO Update

I'm surprised USO isn't performing better with the dollar down, and the dollar isn't showing any signs of improvement either.

 Here's a slight positive divergence sending USO a bit higher, but it hasn't crossed the important technical trendline that would cause buying.

The 5 min chart is in line with price, except the recent improvement on the 1 min chart hasn't translated into improvement on the 5 min chart.

As of now, not much has changed in USO at all since the earlier update.