1pm update – oil and energy

US equities remain fractionally higher. Meanwhile, WTIC is currently -1.2% in the $73s. The energy sector ETF of XLE is currently net lower for the week by -0.4% at $84.62.

USO daily

XLE weekly

Summary

WTIC/USO: oil printed $72.69, not helped by the late morning upside reversal in the dollar. S/t vulnerable, but the recent $67s look very secure.

XLE: energy stocks moderately lower… mostly just due to oil.

notable stock: OXY

A second day lower. Red gap filled. Orange gap in January, before teal?

Equities: sp’60min


Tedious. Ohh so… tedious.