Wednesday, January 6, 2010


USO, XLE and OIH approaching double top levels. Looking for a small pullback from 41.90 on USO, 60.40 on XLE and 131-132 on OIH. Daily RSI on USO, XLE and OIH is at 70's. I think USO, XLE and OIH might break above the double top levels after a small pullback.

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