US equities are choppy. Meanwhile, WTIC is currently -0.9% at $75.05. The energy sector ETF of XLE is currently net lower for the week by -3.5% at $57.47.
WTIC, daily
XLE weekly
Summary
WTIC: oil printed a low of $74.24. The current candle is a hollow reversal, and leans s/t bullish… if only for a day.
XLE: energy stocks were initially higher with the main market, but currently sig’ lower with oil.
notable stock: XOM
Daily momentum due to turn negative.
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notable stock: MPC
Multi-week structure is a bull flag.
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Equities: sp’60min
Choppy, as I’ve be open to Thursday mid/low 7600s.
Hourly momentum due to turn negative into the close.