USO Update

 On the 1 min 3C chart, USO looks a lot like the broader market.

 The 5 min chart continues to improve and USO is still considered to be in a range.

The 15 min chart is also showing more improvement.

It does seem as if USO will see upside, the only remaining question is whether it builds a larger divergence within the range or moves up in a short term bounce. Either way, it appears it has begun to find some footing as a base for a move higher.