rsotc, thanks for the reminder. I should be using USO at least. Sorry I’m a slow learner. Speaking of, how the heck do you trend /CL on stockcharts? Also, I’m sure you meant UWT. $32.28, wow. I wish it gets there, I was just fishing at 31.70 just for today. Figured it cant get there that fast today without bouncing off.

Roger that, RT1.
I would recommend to align your DWT trade with the charts of /CL, even if you don’t trade futures as that’s where the bulk of trades in crude occur. Investing.com has free real-time futures charts & I’m considering doing a video on how to configure & use their charting platform.
/CL & DWT are at a fairly significant resistance level right now (on the 60-min charts) which is around 31.04 on DWT. If it can take that out, next R on DWT is around 32.28 which is probably where I’d book full profits or at least place a very tight trailing stop. If DWT gets there soon, it will be a backtest of the trendline that I highlighted as a potential scenario recently (on USO & CL as well), plus there is some horizontal resistance above that level as well.

Selling half my stake at 31.70 if it gets there today. Any thoughts on UWT resistances?