Oscar is bearish today. Accuracy = 4/8.
US INDICES (ES, NQU2012) September 2012
Posted: 07/16/12 20:41 OST/EST
For Trade Date: 07/17/12
The excitement never stops manifesting itself. We are already receiving early warning signals that this market is running out of steam and wants to head right back down. The jury is still out on which way we will eventually end up going tomorrow but for now as of Monday evening, its pointing towards a sale of rallies.
I will issue a Flash Update as we approach OMNI reaction levels
Still bullish. But there’s room for reversal within the box.
Supports a breakout long / a reversal MACD short.
Long : 2590 (Box long)
Short : 2580 (MACD short)