/CL (crude oil futures) offers an objective short entry here at the top of the 27.59-28.47 R zone with potential negative divergence with a stop somewhat above. Initial price target around the intersecting uptrend line + 25.19 support level. 60-minute chart below.

CL 60m April 3rd

CL 60m April 3rd

For ETF/ETN traders, SCO (2x short crude ETN) offers an objective long entry off the 18.40ish support with a stop somewhat below targeting the 25-27ish resistance zone. Unofficial trades at this time for those interested. 30-minute chart below.

SCO 30m April 3rd

SCO 30m April 3rd