Energy and oil stocks act better than broad market. Money rotates in this sector. $WFT $BHI $HAL $XOM and others are on their highs.
Nice flagging near highs in this ETF and it looks poised to make a move higher with well defined stop below $93.
Energy has been on a breakout for a month now. It might be about to dry up based on MM to 94.84 on H&S bottom. I entered on 89, will be putting tight stop in at 94 if/when it breaks 94. Watching to see if it forms bull flag after that