Summary: When you look at the Oil Service Holders OIH as a proxy for Oil service companies the ETF is currently down about 65 from the highs and is currently sitting on the 10 year trend line There are some that say we have found support in the price of oil and the oil service companies and we may have found a bottom There are others that say we still have plenty of downside
Image Dimensions: 520 x 539
Image originally found here.