US equities remain choppy, if mostly leaning upward. Meanwhile, WTIC is currently +1.9% in the low $83s. The energy sector ETF of XLE is currently net higher for the week by +0.2% at $91.32.
USO daily
XLE weekly
Summary
WTIC/USO: oil printed $83.06, as 83/85 zone is set to be hit. $90 wouldn’t be a surprise… if Israel makes a push into Lebanon, as seems an eventuality… especially via a ‘weekend surprise’.
XLE: energy stocks battling for minor gains… as we’re above the weekly 10MA. S/t bullish with oil.
notable stock: OXY
Mostly reflective of the sector.
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notable stock: SLB
Sig’ lower for no good reason.
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Equities: sp’60min
The chop continues… if leaning upward, as the s/t cyclical setup favours the bulls into early Tuesday… and that will help stocks like TSLA.