TECHNICALS-OIH

OIH is struggling again after hitting its head at the 151/152 level it has moved steadily lower. Looks on the chart like the current levels may be a good entry point. Prior resistance was this area so just maybe the buyers will show up here.

Otherwise the markets are unspectacular with major indexes flat and about 850 more stocks higher than lower. Interesting how today the NDX/IWM is outperforming the SPX/DJIA. Overall, I expect a day of chop with not much gained and not much lost and I am out.