US equities are battling upward. Meanwhile, WTIC is currently +0.8% in the mid $69s. The energy sector ETF of XLE is currently net higher for the week by +2.9% at $97.46.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $70.38, and whilst its cooled back into the $69s, today’s performance is better relative to the shaky main market, and the stronger dollar. Things turn interesting >$73.00
XLE: energy stocks are sig’ higher
notable stock: OXY
Reflective of the sector
–
notable nuclear: OKLO
Oklo typically draws in the hot money.
–
Equities: sp’60min
Friday’s green gap filled. With another push upward, s/t structure of a bearish pennant is borderline.