BATS:USO UNITED STATES OIL FUND
Today continued to press higher through most of the session. I was able to take advantage of the rally from the open and finished my trading day around 9:30AM pst and up 91 ticks (paper pre my Aug. trading plan). After three sessions of almost no activity it was nice to see a bunch of profitable trades. I do see that another wave higher occurred through the second half of the session which has further propelled us up towards my ultimate target zone $37.70 to $38.20 area. Since the last burst higher was an almost vertical move, I shall be looking for some kind of consolidation before considering my next trade.