Oil Services ETF Is Trading at Five or Six Month Lows Here

The XLE and the OAH is trading at five or six month lows here so that's oil services ETF. The market is just massively overpriced if you look at the 10 year average of the S&P 500 the PE multiple okay on a forward basis this is 17.3% we're basically trading at 17.8%. We've seen a lot of data about China there was weak data today is this crude move it's below this $70 level is down a percent today. If you want to look at the large integrators in the XLE the space feels really heavy it was a really good back to this AI and the tech in the in the concentration this was one of