2pm update - just a retrace

US equities are cooling a little.... and more notably... Oil... although the USD remains -0.4% in the DXY 95.20s. Broadly.. the US market looks set for the sp'2000s... with Oil set to test the big $50 threshold. Any daily closes >$50 would open the door to at least 53/55... next week.


USO'15min

sp'15min

Summary

... if the mood takes me... I've an order already set for USO... but like before.. it would be a micro position.

From a trading perspective.. having broken above resistance.. Oil looks fine into next week.

Unless USO in the 15.10/00 zone... I ain't interested...

.. to be considered.