WTI completed the 13 sequential, hit the risk levels we outlined last week and has now price flipped today pending the current bar's close. This is confirmation of a medium term top to me and I would be looking for rotations lower here until a 9 buy setup completes or the plurality gets to a reasonable buy zone.
XOP will be getting 13 sequential and 13 combo today
I'm short a basket of XLE names for a trade here. Will be stopping out if Crude goes back above this week's high.