USO Update

USO has made some progress today, you can see yesterday's false breakout I warned about n two posts (at the red square). Right now there's a 5 min leading positive divergence in USO, however, accumulation rarely occurs in to higher prices, so I'd expect a pullback shortly. Overall, it's fairly good progress today.

And on a bizarre note, this was released by ZH. Remember, GS doesn't pay millions of dollars for research to give it away for free.