$CLO and $OG are getting crushed again.

Both charts just broke down, and the selling pressure is relentless.

CLO dumped hard into the low 0.30s and the bounce that followed is already running out of steam. Buyers tried to step in, but the move has no real power behind it. This looks like a dead-cat bounce, not a comeback.

OG is even uglier. One brutal vertical drop erased the entire range, and now price is just crawling sideways. No conviction, no urgency from buyers — just damage control after the wipeout.

From what the charts are showing, CLO still looks exposed, and another leg down could easily drag it back into the 0.32–0.30 zone.

OG isn’t safe either. If this weak base snaps, the next slide could send it straight toward 6.40–6.00.

I’m not touching longs. I’m waiting for weak bounces to fade or staying on the sidelines. Until these charts flip structure, this is a sellers’ playground.