The USO (crude oil ETN) Long Swing Trade idea has just hit the final price target, T3 at 11.36*, hit for a 6.2% gain. Consider booking partial or full profits and/or raising stops if holding out for additional gains. Original (Feb 3rd) and updated 60-minute charts below:
*The final target was revised down from 11.44 to 11.36 in this post earlier today, due to the reasons cited in that update, including a likely correction in the stock market which may (or may not) have just started with an impulsive drop in the major stock indexes. Whether that morphs into a much deeper correction or not, the near-term R/R on crude is not very favorable at this time IMO due to the reasons cited in that previous post.