A 5-wave move below support is key, and I'd like to see 9.48 give way. Should this happen, then Support turns into Resistance. IF price moves over 10.80, then high 11s are possible for minute wave v (shown in white) for a presumed .
This isn't looking like the weakness I'd expect in a 3rd wave down. IF USO can't break below 10.12 region stat, THEN the possibility if a bounce into the higher target box around 11.11 could cause me to rethink the larger picture. Stops on shorts are recommended, especially if you got too aggressive.