Oil up 28-cents on the day

Oil bounced from the bottom late last week and has carried that momentum into trading today, albeit on holiday-thinned volume.

WTI crude has made a small move to the upside in the past hour, reaching $52.33, which is one cent below Friday's high. There isn't any news driving the rally but broad sentiment is a bit better today.

Here's a look at the daily chart:

Oil up 28-cents on the day