US equities are moderately lower. Meanwhile, WTIC is currently +3.3% in the low $77s. The energy sector ETF of XLE is currently net higher for the week by +0.7% at $93.85.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $77.22. Next resistance is the 200dma in the $78s, with weekly resistance $84s. A hyper spike to giant psy’ $100 appears an eventuality.
XLE: energy stocks are moderately higher, somewhat restrained by the red main market. Most important…. weekly momentum has turned positive for the first time since mid May.
notable stock: XOM
A new hist’ high. If WTIC $100, then XOM > $150
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notable stock: OXY
Day SEVEN up
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Equities: sp’60min
Choppy, with momentum set to turn negative into the close.