Position Updates & Gauges as of Trading on 1/27/2017

Mish Schneider | January 26, 2017

***Note: Raise sell stop OIH to 33.07 (under the January low) ++++++++++++++++++++++++++++++++ Existing Position: Long OIH at 33.80 ATR: .60 Name of Instrument: VanEck Vctrs Oil Svcs Current Price: 34.50 Reason For Trade: A 2017 pick, our day of entry we got in on an opening range reversal above the 50 DMA. Our stop is wide enough. However, I like that we can cut risk if need be should it fail the January 6-month calendar

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