USO is a little toppy right now.... Looking at the 1 year, we're closing in on a double top at $45. Ctw's DUG is hovering at a 2 year low. Looking at the call/put ratio on USO tonight. There seemed to be a good amount of vol. on the March $41/$40.50 puts today. They may be trying to pin her in for OE which is the 12th. It's a crap shoot Pal. The charts are telling me we're due for a pull back/correction, but as you know world events/supply/Iran/US$ can and will continue to trump the technicals. An inflection point??? Perhaps.