AMEX:USO   UNITED STATES OIL FUND LP UNITS
The upward Trend is broken! Oil begins to look bearish .
Support1 at 13.04
support 2 at 12.56
Support 3 at 11.75.

Short with T1 at 13.00
I use options USO Oct 12.00 puts.

Happy Hunting!
Comment: Stopped out. The Bear is here!!!!
$13.51 is the daily S2 fibonacci point, I expect it to offer some support, but if we see another surplus next week (which I'm expecting) it shouldn't hold
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