iShares Oil & Gas EU: 55th out of 55, strength down to 25

Third week into the buy signal on iShares STOXX Europe 600 Oil & Gas, but the picture has deteriorated. Signal strength has dropped to 25 out of 100 — low and still fading — and the ETF ranks last among the 55 open longs in the European-UK stocks universe. The confirmation week closed bearish: the system suggests exiting the position.