This is one of my favorite charts-- OIH which represents the drillers, also happens to be a very nice leading indicator on the PoO is (again) failing to confirm the up move in both the C$ and WTIC. <img src=http://stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=0&mn=9&dy=0&i=p08605284172&a=71091462&r=3885>