While its not a done deal, I would be lightening up in the energy sector. I Bearish Bat
formation could be forming. Typically they go to 0.886 retracement
. We are not there yet, but getting close. Volume
is dropping off some. RSI
is making a lower high. Look to get back in around $59. I wouldnt try to short this but I wouldn't be going long either. Neutral.