Both crude futures (/CL) and USO (crude ETF) are breaking below their respective primary uptrend lines off the June 20, 2017 lows. CL has also taken out horizontal price support around 66.55 while USO is currently trading on the 13.27ish support level now for the second time this week. As such, best to wait for that level to be clearly & impulsively taken out before considering a swing short on crude. To be continued next week…