Oscar was right last nite to be bearish. its big downtrend. Accuracy = 7/12. He is bearish again today.
He shorted @ 20.00pm NY time, which is around price
US INDICES (ES, NQU2012) September 2012
Posted: 07/23/12 22:48 OST/EST
For Trade Date: 07/24/12
To watch Oscars latest video click here
The OMNI wants to be short once again for Tuesday, however, we do NOT want to be short past the mid afternoon tomorrow. OMNI has given us its blessings to sell the rallies Monday night through Tuesday mid day, then OMNI wants to be out of all short positions by Tuesday afternoon. I will keep you posted via the Flash Update System as we approach the OMNI reaction levels.
Still within the triangle without breakout. Now more towards upper limit of the triangle. Thus more bullish.
Possible reversal up.