I wouldn't be surprised to see it breakout. I've tried to get my head around the EWT, and I never could do it. Even now, I don't see 4 waves. Could you elaborate a bit on where these waves are please? stockcharts.com/c-sc/sc?s=USO&p=D&b=5&g=0&i=p41988360896&a=230588352&r=1376876786798