OIH Oil Services Daily Chart Overbot Rising Wedge Negative Divergence

OIH oil services daily chart very similar to the commodities and energy sector charts. These hot sectors show a pull back ahead in the daily time frames but weekly charts exhibit great momo that will require a few weeks of time to burn off. Note the hanging man candle printed on 2/18/11. A 155 to 165 range would be reasonable during the next few weeks as the OIH tops and rolls over. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.