/CL (crude futures) a hair below the uptrend line but close enough to the 91.50ish support to offer an objective level to cover short and/or go long for a bounce, as USO has currently fallen to its comparable 60m uptrend line & the 124ish target/support.
Likewise, USO (crude ETN) offers an objective level to reverse from short to long for one last hurrah off the intersecting downtrend line & 123/124 support (T1). 60-minute chart below.
Additionally, with a bounce in crude likely,/NQ (Nasdaq 100 futures or /MNQ, QQQ, SQQQ, etc) offers an objective short entry here for a pullback to these two support levels (uptrend lines) the potential for additional targets, should the primary (lower) uptrend line get clearly taken out. 60-minute chart below.
Also worth noting, for those that took it, is that IGV (software ETF) has currently run into the downtrend line (resistance), where the odds for a reaction are elevated, while a solid & sustained breakout, reaction first or not, would increase the odds of the next target being hit. I also added a new price target around 83.50 to the updated daily chart below. Previous (April 10th) & updated daily charts below.




