US equities remain subdued. Meanwhile, WTIC is currently +4.1% at $81.43. The energy sector ETF of XLE is currently net higher for the week by +3.9% at $59.72.
WTIC, daily
XLE weekly
Summary
WTIC: oil printed $81.40, on Iran’s notion of ‘no deal until Trump’s term has ended in Jan’2029′. Daily momentum prone to turning positive on Tuesday or Wed’
XLE: energy stocks higher with oil. Weekly momentum due to turn positive.
notable stock: XOM
Reflective of the sector.
Friday’s reversal candle played out.
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notable stock: OXY
Recent earnings were good.
Friday’s reversal candle played out.
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Equities: sp’60min
A little lower on Trump… demanding Iran compensate the USA for various things.