USO

 [Updated]
 Opened right above the 50% retracement of the previous day and continued higher all day:

Last nights post:

USO had two large momentum days in the past 3 sessions (the 2x-bar concept).  Looking for the 50% Fib. retracement to act as a pivot we can measure Thursday's momentum range from the High to Low ($40.54) and Open to Close ($40.66) and see how that range acts as Support/Resistance.

Also, today was a wide-range momentum bar and its 50% level is $40.16 which aligns nicely to the pivot level for today (support-turned-resistance).  So, with this information we have two levels to watch for long entry potential going into tomorrow.