Optimistic

Reasons to be Optimistic.

First, I don't have a chart.. but oil is either building a base or fighting upside resistance. and could break down. A nice move below 137.50 would be nice.

Second, the vix broke it's uptrend, but has now retaken it... that is a successful retest, but that is the first step in the process of a Reversal.
Second.
The Tick value on the selling, is currently in that unsustainable level.

This doesn't feel good, this feels like a retest of the days lows.We are at the final support of the uptrend. I suspect we will violate it.