Both /CL (crude oil futures) and USO (crude oil ETN) have bounced back to resistance following their recent breakdowns while the energy stocks, shown here via XLE & XOP, have also bounced back to resistance following their respective breakdowns. All charts below are 60-minute time frames.
- CL 60-min Oct 5th
- USO 60-min Oct 5th
- XLE 60-min Oct 5th
- XOP 60-min Oct 5th