*XOI heading into the close weak, oil futures also closing down as well continuing yesterday mornings perceived high & reversal... See #msg-5949875 where I revealed my personal opinion on the action... also highlighting #msg-5940347 where the XOI failed to confirm oil's all-time high, this was where I first noticed the potential bearish pivot & reversal... Keep in mind, there are gaps to the downside in the oil commodity, we will see where this trend bottoms, also I've got an idea that XOI support lies somewhere around 800, I'll try and get a chart up later this week showing what I'm looking at...
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