759820
Long

OIH double bottom Daily, Weekly/Monthly approaching Structor

AMEX:OIH   VANECK VECTORS OIL SERVICES ETF
32 0 1
On a Daily chart We have a double bottom with Relative strength index showing bullish divergence , All Oil             related charts are also all oversold.
On the Monthly we are standing on a Massive structor support from 2010-05-31, 2009-06-08, 2005-04-04, and 2001-03-19.
For the Past 5 years this level has never passed 28.00, I see this as a respected market level that could be upheld for bullish momentum in the Future.

Thanks!
Aaron