FWIW- I just covered & reversed /CL (crude futures) short to long here just above 85 (support) as the odds for a reaction are elevated at this time even though USO is still slightly above T2. Looking to game a quick bounce up to that downtrend line & intersecting 87.50ish resistance level. 60-minute chart below.
CL 60m Oct 4th
Also worth noting is the fact that QQQ & SPY are approaching their respective downtrend lines on the 5-minute charts covered in today’s video (where a reaction is also likely & I just booked profits on the /NQ I reversed from short to long earlier today & may re-enter long again on a pullback).