Recent oil inventory draws are indirectly supporting "bright futures 1 month" as energy shares climb, reinforcing bullish sentiment in commodities-linked equity futures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. “Tech volume is down 5-10% depending on the sector,” writes Mizuho’s Daniel O’Regan. “Despite the weakness we started to see some dip buyers adding to existing positions in MAG7 names, albeit passively.” Fed fund futures imply reduced odds of a March rate hike, catalyzing a lift in "bright futures 1 month", especially in real estate and consumer discretionary equities sensitive to borrowing costs.