United States Oil Fund (USO) has been choppy and bearish in 2017. However, after reaching a low of 8.65, USO has been chopping upwards, closing above 10.55 during the 9/25 session. USO Daily Chart(click to enlarge)Bullish Reversal: - The daily chart shows the price action turning up after the June low. - We already have a higher low. The 9/25 price action also made a higher high even if price turns now from 10.55.- Also, price has broken a falling trendline.Upside:- I think the bullish breakout opens up the 12 handle, near the 2017-high. - This is going to be even more likely if price comes down but holds above 10.00. In fact, in the beginning of September, price came down to test 10 as support and bounced up.- Above 12.00, 12.50 will be a critical consolidation resistance and high of 2016.