NQ 16-5-12 Premarket

Oscar is bearish today. Accuracy = 3/5.

US INDICES (ES, NQM2012) June 2012
Posted: 05/15/12 20:06 OST/EST
For Trade Date: 05/16/12

OMNIACS,

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The “Bear Flags” are still flying on almost all U.S. and many foreign Indices charts and consequently, some of our U.S. Indices markets are breaking below the bottom of those Bear Flags on the daily bar as I type this. (See Chart Below).

For tonight thru Wednesday, OMNI wants to sell into a rally or resistance area if the opportunity arises. OMNI has specific levels it will react at. We will issue a Flash Update with suggested STOP levels and entry areas as we approach the OMNI entry levels. Technically, it appears we are in for another drop tomorrow in ES / NQ / RT…

60min chart
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