All eyes are on AMC, but there is other compelling action going on including a strong breakout in the oil patch.
I think this move lifts WTI to $73.00, which is the next major resistance area.
WTI
Technology acts better, especially semiconductor names, and there is a cautionary feel with solid gains and flow into Utilities, Consume Staples, and Real Estate. The market is mostly waiting on the jobs report and that could mean trading in a narrow range until Friday morning.
To see the chart, click here.
