US equities remain leaning a little weak. Meanwhile, WTIC is currently +3.4% at $77.81. The energy sector ETF of XLE is currently net lower for the week by -2.6% at $57.98.
WTIC, daily
XLE weekly
Summary
WTIC: oil printed $78.15. Upside resistance 80/81. Things really only turn bullish >84.
XLE: energy stocks are higher with oil. Weekly momentum has stalled… just below the key zero threshold. S/t.. its a lot of chop.
notable stock: XOM
Reflective of the sector
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notable stock: OXY
Higher on good earnings
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Equities: sp’60min
New intraday low… but clearly, its minor noise. Friday’s jobs data would be the excuse for a washout on ‘good news is bad news’.