The Reality of Competing Forces

Despite how many are trying to argue the correlation is historically not particularly important, the fact of the matter is that crude oil is weakening while the U.S. Dollar remains a runaway freight train. 

True, natural gas is in its own world and strong today as the likes of gold and crude threaten to break down yet. 

But regarding crude, if the Dollar continues to run higher it is tough to see the USO ETF daily chart triangle breakdown, below, reversing up for a bear trap (meaning a false breakdown).

I have my eye on a crude short, via a DWTI long, if the $17.90 area on USO now turns into resistance on bounces.