Midday Missive

The early show was run by AMZN running its daily ORL stops and holding.

Oil ran it’s weekly stops @ 62.99 bottoming at its 50 WMA.
Above 63 late day will be supportive of the Indices.

Energy names have blown off with many showing ORL weeks.

Rails & Industrials have been bid all A.M.

Midcap & Russell were bought early against the Spoo & Nasd

Sector rotation the rest of the day.

JEC & ABB showing bottoming action

 

 

 

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