sp'60min
USO'5min
Summary
*re: oil... those gains of 2.0% sure didn't last long, set for a net weekly decline of around -1.0%
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Short term.. its a mixed picture in equity land, price structure remains a clear baby bull flag.. but the hourly MACD cycle is turning negative.
Broadly though... new historic highs are on their way before year end.
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notable strength...
NFLX, daily
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.. the entire series will be available at midnight. I'm not sure whether I can manage 13 hours of TV this weekend, I'll give it a damn good try though.
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Meanwhile... CMG is having problems with E-coli.
A pretty fierce afternoon collapse wave of 9%... trying to find support, but on the broader daily chart.. next support is not until the gap zone of $475/450.... which is clear 10% lower.
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back at the close