CEO,
True Brent pulled back after $50.30 but bad USA job markets spooked the demand side for oil.
The weaker USD v the stronger AUD from Fridays market will show up in todays price for SXY.
However Senex was resilient last weak.
The technical chart for Senex still looks intact, and infact strong IMO.
How it plays out this week is unsure, as what is present to drive the price higher ???