US equities remain very mixed. Meanwhile, WTIC is currently -0.4% in the low $82s. The energy sector ETF of XLE is currently net lower for the week by -0.3% at $89.82.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $81.63, if recovering to the mid $82s. Today’s weaker dollar is helping. Soft resistance 84/85. The middle east remains a monstrous threat, as a hyper spike >$100 is an eventuality.
XLE: energy stocks are choppy, if currently moderately higher. The June $86s look secure.
notable stock: CVX
Choppy, holding a marginal double floor of 151/152s.
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notable stock: SLB
BMO 64>60, Susquehanna 77>70… but both targets are far above the current price.
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Equities: sp’60min
S/t momentum prone to flooring this afternoon. If not… then tomorrow morning.