USO (crude oil ETF) has held on two successive tags of the 10.67 support level with the most recent tag confirming a divergent low (bullish). While an upside break of the pattern could spark a rally, I’m leaning towards another thrust down within the wedge that takes out the recent lows before a meaningful reversal. That low would also likely coincide with the top of my target zone on $WTIC which comes in around 43.70. 60-minute USO chart below:
USO 60-minute July 15th
crude update requested by @pangblood