Oil Up, Broader Market Held OK
Change of character? Not really.
Aside from obvious energy, sectors with positive breadth were Consumer Staples, Financials, Utilities, and Real Estate.
Despite oil up and $NDX (techs/semis) down, $SPX was about break-even, because laggard sectors with many oversold stocks had just an oversold bounce. These sectors will not lead the next bull move, IMO.