The 14 and 62 SMAs are seemingly bullish, while the fundies are still pretty inexpensive. (The market seems like it wants to rally with earnings.) I will still cover the protection around 1320.
I am looking to short via the USO July Puts at the 45 strike. Technically, I will be looking to cover the short when the WFIC nears 105. Fundamentally, I would like to cover when the WFIC is in the high 90s.