USO Update

Oil is down on the Wednesday Inventories report, remember who oil was tracking out of sync with the Euro/Dollar, it was strange. You can check out yesterday's late morning post on USO and see what I am talking about

Any way, look how much 3C damage was done especially late yesterday to USO.

 I've highlighted this 5 min chart only with the leading negative divergence from yesterday.

 The same with the 10 min chart

And the same with the 15 min chart, look how bad USO looked in to the close.

hmm?