Oil Service Index attempting 2-year trend breakout

Below looks at the Oil Service Index (OSX) over the past decade. From the highs of 2014 to the lows of this year, this index declined nearly 65%. Could it be creating an trend reversal pattern? Check it out! CLICK ON CHART TO ENLARGE Oil service index remains inside of two year falling channel. It … Continue reading Oil Service Index attempting 2-year trend breakout