I'll take profit and leave for a while since it is way overbought. I can't own gold stocks which falls into the same case. These commodities are too expensive to be defensive to the downside risk.
we are just touching the pivot line.
so that USD would have been moved into bullish zone. June 3rd labor report threw USD out of the cloud and into bearish. Next week, Monday and Tuesday, we might move USD back to the cloud upper limit and test. There is something smelly here.
Barchart site offers oil stocks with good momentum. traders might spend some time over this weekend over there. Given the oil price range, some of these oil stocks have great potential.