08Mar3:55 pmEST
Crude, Where's My Support Car?
Some gnarly crude oil weakness (USO daily, below) appears to have finally stressed out the senior indices a bit today, even as QQQ is still green as I write this into the bell.
The small cap ETF also sliced its 50-day moving average, which saw me lightening up long inventory.
Overall, while it is not across-the-board bearish action, it is certainly worthy of a yellow flag to slow me down.
More in my recap after the bell.
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