US equities remain in minor chop mode. Meanwhile, WTIC is currently +0.4% in the $72s. The energy sector ETF of XLE is currently net higher for the week by +0.2% at $79.82.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $72.27… if cooling back a touch, as the USD turned net positive. Broadly choppy, bullish >84, or bearish <63.
XLE: energy stocks are moderately higher. I see the sector as m/t broken unless >83s.
notable stock: OXY
Reflective of the sector.
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notable stock: RIG
I see no news.
Loss making, and even the bold will leave alone.
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Equities: sp’60min
Lower bollinger is up to 4150. Any debt ceiling upset would offer yellow gap, but that still wouldn’t take out the key double low of 4059/48.