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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (9117)7/1/2002 12:54:22 PM
From: Dave Gore  Read Replies (1) of 16631
 
Relative Strength in Oil Sector

12:39 ET Oil Services Intraday -- Technical --
Sector demonstrating relative strength, holding in modestly positive ground. With the OSX currently trading at 92.2, look for look for initial resistance at 92.5 followed by subsequent overhead at 93.3. Note that the intraday outlook would deteriorate on a failure to hold very near-term support at 91.5. OSX components demonstrating relative strength include: SII, CAM, RIG, VRC, RDC and WFT.

-briefing.com
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