TECHNICALS OIH

The oil service holders ETF is filled with large cap companies such as SLB HAL and RIG. If one looks at the chart, it is apparent that it has recently run into overhead resistance at it 50 day SMA which is now about 142 and change. It is currently trading a tad under the 50 day but any push higher may be shortable or if owned it may be a good time to sell calls.