DXO is finding its way out of this decending triangle pattern and should continue to move higher from here (depending on oil). Stochastics are getting close to overbought, so a short term pull back is possible and could offer a buying opportunity.
DXO closed above the 50 ema today and continues to trend upward. We might see it consolidate in this area with resistance at 3.00 seeing that the long-term trend is still down. A move above 3.00 and there is very little resistance until 3.68