Oil, Choppy and Toppy?

Oil, for some a barometer to economic activity, from a trading point of view remains choppy to say the least.  Despite a sharp rally off the April lows, black gold, as it sometimes is referred to,  is through the longer-term lens fairly range-bound.

good rally off the April lows, which coincided with the April lows in the S&P 500

oil nearing $100

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