Yeah looks like it touched its resistance and now dipping maybe short to 2.25? All depends if u can even get a borrow or what oil does. Oil drops under 1.20 its gonna be huge Rally. Alas depending on what time frame, if oil up should be easy money for short day trade 1-3 days. Look at the $vix this market is so volatile, i have been whipsawed myself a few times.
I feel a change happening, in overall market trend