Biotech has been driving the train all morning with longer term money trying to pick up bargains in the Oil patch.
The Greenback is bid giving investors a reason to put those dollars to work in our Equity market.
DIG…looks descent as long as it stays above 55.15. Closing below 54.40 will have this ETF taking another nose dive.
OXY…shows the same type of chart pattern.
Looks descent as long as it stays above 79.45. Closing below 78.80 will have this name taking another nose dive.
The energy names are in back and fill mode.
AAPL...I’ve got a short term momentum level around 115.50. Sustained price action over this level will lead the Indices on another leg higher today.