Weekly MOTR Report (WMR): Crude Oil and Energy Stocks Bubbling Once Again?

Actionable Ideas

With the S&P closing in on next resistance in the 4500-4700 area, we should expect to see some back and forth in the weeks/months ahead. Nonetheless, with the market's internals inflecting higher, we remain of the view that weakness is a buy. This week's MOTR Chart Pack (here) features several timely recent base breakouts with the noted addition of Energy.

This. . .

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