Hot sector

What am I seeing in this moment ?
What are the XOI telling me ?
Something strange of course !
Why the crude keep going and this index hasn't broken his previously tops yet ?
I am not pretty sure about the graph above where you can see the sub-sector, but ......
Let's go to see what another website shows in it:






Surely, producers are the top winners .......
but in my opinion the battle field for the Crude Oil price is playing in another land.
Looking only at the U.S. Index it is probably wrong.
What about the ohter players.
Let's see:
in fact .... Middle East - Venezuela - Russia - Nigeria and China

what about the consumers :

U.S. is still the leader.
What if we see a contraction in the consumer spending (recession) in that country ?
What's going on in the USA ?
What part of the cycle are we now ?
I suggest you to have a look at this link. Very interesting.
http://www.investmentu.net/ppc/t4oilmercantilism.cfm?kw=X300HB07