Dec. 20 at 11:25 AM
I review the refiner sector and explain why stocks like
$VLO,
$MPC, and
$PBF, along with
$CRAK, are showing weakening technical structures after extended runs.
I note that crack spreads and #ULSD have already rolled over, refiners are forming broader head-and-shoulders patterns, and #WTIC still looks vulnerable—providing a clear overview of pressure building across the energy complex.
https://youtu.be/5Nr5if98qOs
