The “Power of the Pattern” suggested to pick up the oil drillers ETF (OIH) on 1/26 (see post here)   Since that post, OIH is currently up over $11 per share since the pattern suggestion.   Drillers have done well, even though Crude has declined almost 10% in the past couple of weeks.

CLICK ON CHART TO ENLARGE

Game Plan…For those that own this ETF, keep a 4% stop on the position!      Some investors picked up IEZ due to this post, (see post here) keep the stop the same.

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past