The move up in oil/ energy looks to be stalling now. There a few charts showing this.
First is oil it's self $WTIC:
Notice the doji today that formed, showing a lack of in decision or slowing of the advance. The price action has formed at the bearish reverse triangle. There is also horizontal resistance at 69-70.
$DJUSEN which DUG and DIG follow is looking heavily overbought on the STOCH and price action failed to get above 460 today which is a resistance level. This index also formed a doji indicating either stalling or indecesion.
DUG is looking maybe forming a bottom. Notice the doji today as well signaling a slowing of the selling. But more importantly is the prior support at these levels.
The doji's on the charts could just mean a rest period before a move back up so keep your stop tights. For me its a close above 460 or an intraday move to 470.
Of course it's starting Hurrican Season so a small rain storm can develop 5,000 miles off the coast the Florida and CNBC will hype the shit out of it.