Good day folks,
A think this ETF provides a very good way of playing the oil market (indirectly) this year.
The price could have bottomed. We will see if 14.00 provides enough support. The stock also has a 12 months trailing yield of 4.91%.
Thank you,
Up Channel(16/12/2014).
Down Channel(4/5/2015).
Oscillation Wave points to approximately Price = 18.60 .June.
Downside continuation, break of Main Channel.