USO Ticking Down

Late last week, Friday in fact, I was looking for some upside price concessions to short in to in several items, USO being one, GDX, GLD and the related DUST trade being another (looking for downside in DUST), GDX/GLD are also ticking down, I'll cover them in another post and DUST is ticking up as hoped.

USO..

 USO didn't quite make my target, but neither did most as the target was quite lofty, today USO is showing early weakness.

The opening indication in USO pales to the trend from Friday, very negative.