US equities remain a little choppy. Meanwhile, WTIC is currently -0.1% in the mid $73s. The energy sector ETF of XLE is currently net higher for the week by +0.6% at $88.64.
USO daily
XLE weekly
Summary
WTIC/USO: an overnight high of $75.74, and cooling to $72.32. Price action is rightly twitchy… as a hyper spike appears an eventuality.
XLE: energy stocks are battling to build sig’ gains. The weekly charts lean net higher into July.
notable stock: OXY
Reflective of the sector.
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notable nuclear stock: SMR
L/t bullish… but $20 looks easy
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Equities: sp’60min
Chop chop. The s/t cyclical setup favours the bulls.
Clearly… a weekend ‘event’ might ruin that.