daygreen line is the 200 moving average. the purple line is the 50 day moving average.u chart heads out there will no one thing for a short-term history positive should be above longer-term history. the fact that the 200 day moving average is above the 50 day moving average is not good for momentum. look below here. this isn't so bad. this is the rsi. this tells you whether an asset is oversold or overbought. any figure below 30 shows an asset is oversold. it is at 26. the relative strength index is telling us that oil, francine, is oversold, but the momentum, 200 day versus the 50 day moving average isn't so good. which one do you look at? i let you decide. francine: thank you so much. mark barton with the charts that matter. for those of us listening on bloomberg radio, boomer first word is up next. for viewers in the second hour of the pulse -- it is not the second hour because surveillance is up next. towill look at oil sinking the lowest in almost seven years. a reminder, you can follow me on twitter. i will see you in a couple of minutes. we will be talking said o