Morning Look

Commodities are lower again into the open. USO just broke $80 in pre market trading. I believe my short was put on around $85.90, it is currently indicating around $79.40. I have a shorter term time horizon than most so I will probably start scaling out as the day progresses. I will have to judge the action. Will there be fear, will they be rushing to get out? I am short some PCU pre market here at $98.50 and am watching RIG for a short entry. Things change by the minute around here. XME was held from last night and the same thinking applies there too.