If we have completed the a-wave at the last low, then the likely target for the b-wave can be as high as the 35.50 region before we see another strong move down.
So, at this time, we will watch to see if 5 waves will complete the a-wave, or if we are in the b-wave, with a nice opportunity set up to short USO for a c-wave down to at least 32, with the potential to drop all the way down to 29.