Bottom wedge pattern broke that support. This is heading lower from here and given the bearish sell off in the major markets globally, I am not really surprised.
DYL the most promising of the dreadfuls is also hitting the double top and sliding. BMN faring even worse. PDN is just flapping around and VMY has been falling since that 10C bottom gave way.
Crude price recovery wasn't the excuse to bet on this sector and the big oil sell off has even less reason!
Picking bottom has been a very expensive lesson in this sector and holding for the LT has even fared worse!
* What more could be said ..., page-10
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