All my longer term indicators are neutral in pretty much everything, however the long term Point & Figure in the Spu’s have turned up.
This will need a close below 2060 to turn down.
OIL Patch…
COP looks to have the most upside potential from today’s low, while XOM is trading at it’s first upside target.
CVX has room to 94.00.
XLB...not surprising is putting in an ORH day.
OIL…would not look for a tradable high until tomorrow.
