I would use the word 'relief' that oil is not down, that is a good thing, what the Fed does and says tomorrow could change everything on a dime.
Right now, it looks to be like a healthy pullback and a little profit taking off the strength on Friday.
You have a little pullback this morning and I don't see it as anything more than that, unless something material, i.e. The Fed goes back on their word, come Wednesday, right now, it looks to be like a healthy pullback and a little profit taking off the strength on Friday.
It's a fickle market. All you have to do is look at what we've done for the year and whatever you're going to see today, there's lower confidence in the direction of any move.