US equities are choppy, if still leaning on the upward side. Meanwhile, WTIC is currently +3.4% in the $81s. The energy sector ETF of XLE is currently net higher for the week by +2.2% at $62.71.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $81.44, helped by the bouncing main market, but also by the weaker dollar. I still see as s/t vulnerable with the main market.
XLE: energy stocks powering upward with oil. S/t vulnerable with the main market.
notable stock: KMI
Kinder Morgan higher with the sector. Cyclically.. very high.
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Equities: sp’60min
S/t momentum is on the high side, as the s/t setup for Wednesday will favours the bears.