primary scenario playing out perfectly so but as i said last week, i’m just not sure how shallow or deep this pullback will be.  i do, however, still expect USO to find support at that level noted on the 60 min charts (i also added it to the updated daily chart below) if prices continue falling.  i will continue to update the oil and currency charts as i expect them to be a significant factor to equity prices in the near-term.  60 min charts first, then daily charts.