oscar is bearish tonite. Accuracy = 4/11.
The OMNI is not impressed with Fridays rally and will be seeking to sell a decent rally tonight / tomorrow when (if) one sets up. The market has failed at the OMNI OTAPMA average and is now poised for a run down to the 200 M.A. (see chart below). We also have the “Leader” Dow Transports pointing towards the down side as of Fridays close. We will issue a Flash Update when we approach the OMNI reaction levels