17-7-12 NQ premarket

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

OMNIACS,

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

60min chart
============
Still bullish. But there’s room for reversal within the box.

15min chart
===========
Supports a breakout long / a reversal MACD short.

SetUp
=====
Long : 2590 (Box long)

Short : 2580 (MACD short)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s