The OILU still has to reclaim 35 before this is worth anything. That level keeps sliding lower each day as it sells off, so chasing a fixed price is pointless right now. We'd normally look for the oversold entry on the hourly. But the hourly keeps lagging lower every morning. That's exactly what we're trying to avoid. With a geopolitical event this size driving it, we're leaning on the daily. We want a real, blown-off oversold reading there before we act. This is where anchored VWAP does the work. Drop the anchor on the last big oversold low on the hourly chart. That line becomes your trigger. While price is below it, you stay out. When price pushes back above it, check the MACD. You want the MACD line crossing up through its signal line, with the histogram bars growing to the upside. That's how you know momentum is building and it's not just a dead-cat bounce. Price back above the anchored line, plus that MACD cross, is the green light. We're not there yet. So we sit and watch. The OILU is only the signal. When we take it, we go upstream to a name with a deep, liquid option chain, something like Occidental (OXY). This is the kind of setup that only comes around so often, so we want to make it count. We'd rather wait than get ground up in the chop trying to be early.