TECHNICALS-OIH

One of the best performing sectors of the fourth quarter has been the energy patch. Check the chart on the OIH and it looks like resistance should be right here at 140, a prior stopping point. If we get above it, the 150 level looks like it could be the next stop.

Crude also looks like it may be turning up. According to all the pundits, this is a seasonally strong period for Crude (colder weather in winter months). Next stop, I really have no clue, but it looks like it wants to go higher just because it stopped going lower.