Don't Ignore This Chart!

Oil and Oil Service HOLDRS Go Their Separate Ways


Oil is trading up over 1% early Monday, but the Oil Service HOLDRS (OIH) is down over 1.5%. OIH seems to have some doubts regarding this pipeline related pop in crude.

Click this image for a live chart

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus