AMEX:USO   UNITED STATES OIL FUND
15 1 0
Near-term possibilities outlined in Elliott Waves on the chart. See previous ideas for more info.
Updated view since immediately bearish potential invalidated. Price could keep moving up into the heart of the wave (ii) box, making this all of wave (ii). An impulsive move up - holding support on all retraces - would have me rethinking the possibility of the white count, or even the possibility this pullback was an alternative wave (iv) in an expanded diagonal with white minute wave i yet to complete.
snapshot
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