IOC broke support, note volume picked up as traders remain predictable. This isn't a good sign for IOC, I like it being short, but the reality is when important support is broken, price tends to linger for a bit and move back and forth above and below, so I'd look for that intraday, but otherwise, this is a good start.
USO couldn't fill the gap, I'd still like to add to USO short/ open PUTS on some intraday price strength, but as you'll see, the migration of the divergence through the timeframes is leading negative, maybe I'll get lucky.
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5 min at a new low.
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