1pm update – oil and energy

US equities are choppy, if still net higher. Meanwhile, WTIC is currently +1.6% in the mid $60s. The energy sector ETF of XLE is currently net higher for the week by +2.0% at $48.67.

USO daily

XLE weekly

Summary

WTIC/USO: oil printed a high of $60.89. STILL m/t bearish unless >63.00

XLE: energy stocks are very significantly higher.

notable stock: XOM

New hist’ high. Impressive.
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notable nuclear stock: SMR

Powerful gains, if cooling back with the main market
S/t bullish to $30
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Equities: sp’60min

A tag of the opening gap…. and trying to rebuild gains.