Total compliance to our trading plan. Long intact.

USOIL has respected the Higher Low (64.40) on the 1W Channel Up (RSI = 1.630, MACD = 1.630, Highs/Lows = 0000, B/BP = 0.1240) and is following our long trading plan to the point. 1D has now even broken through the bullish zone again (Highs/Lows = 0.6793, B/BP = 1.5580, ADX = 30.382) breaking the previous Lower High (68.39) with a new Higher High = 69.30. The next landmark is the 70.43 High, which if recovered, will open a very aggressive bullish channel that will go all the way to a new Higher High on the 1W Channel Up = 77.64. We remain bullish with TP = 71.88 and 72.86 in extension.