Things can change quickly. Oil and Oil service ($xoi, $osx (oih)) switch from 9,12 and 26 ema within two weeks. They also fluctuated around 50 day sma within 2-week period.
Now they are bullish.
$OSX stockcharts.com[w,a]daclyyay[d20040115,20050115][pc9!c12!c26!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
stockcharts.com[w,a]daclyyay[pb20!b50!b200!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G
I am expecting utility to become bullish from the chart below to 01/14/05.
stockcharts.com[w,a]daclyyay[d20040115,20050115][pc9!c12!c26!f][vc60][iut!Ub14!Uya7,14,28!La12,26,9!Lp14,3,3!Lk14!Lf!Lg!Ll14]&pref=G |