Thursday's E-Mini S&P 500 and crude oil followed the same path -- to the upside.
In fact, the action in the E-Mini and oil since Tuesday and Wednesday looks like both have ended corrections, and have started new uplegs, which are pushing up toward a confrontation with near-term resistance at 2132.25 and at $61.50/65. And if that resistance is hurdled and sustained, we should see upside continuation and acceleration.
At this juncture, only sudden downside reversals that break 2115 and $58.30 will compromise the constructive near-term patterns.