Why is oil down? [USO]

Mish reports on 5 reason why oil is going down.  With all due respect to Mish, many of his reasons have been in place for some time now yet oil rallied anyhow.  So, no, his reasons are not really why oil is down.  Nobody knows the actual fundamentals on these things but it is a clear matter of record for my subscribers that I predicted this collapse was going to happen as I was tracking it on the paid blog as a rising wedge with the count shown below in log scale.  Chances are that this will bottom in 3 waves to the centerline and then reverse upward to usher in the next stagflation recession.