Providing relief for investors on the idea that u. S. Inventories are not going to keep building in the way they have. We are seeing a bullish reaction for oil, up 2. 5 . Lets take a look at what this looks like on the week. This is a great chart we have, although it is an updated but this is a weekly bart chart in terms of the inventories, the bills and drawdowns. We will have a relatively large draw down here, going right below that line. One of the bigger drawdowns we have seen. A bullish report for oil. Lets take a look at the majors. , letsllish oil report see if it has had a positive effect on stocks. Not so much. , the00, the dow and nasdaq nasdaq down nearly. 9. The tech pullback that started june 9, the last time the nasdaq put in an alltime high, continues, with the nasdaq down nearly 4 from that record high. Piece oftant technology, facebook, amazon, alphabet, all the big internet ames, yesterday, we saw relief rally. The sector is down 7 since then i stuck with the day high
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