BOUGHT TO CLOSE USO JAN 17 7/APRIL 1ST 8.5 SYNTHETIC LONG

Closing this synthetic long USO play here for a small profit. My timing was a bit off as to entry (I went long on the break of the 2009 low at 32.70), and we may have seen the short-term end of the up move here.

Will consider reloading another synthetic long now that a new low of some kind has been put in ... .