USO to fall, Buying SCO

My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.

So...

Here's why I'm picking this symbol to do the thing.

Price above or at top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive and at top of Bollinger Band
Buying SCO at $16.30. Target $18.
Shorting USO at $77.08. Target $73.