Oscar is bearish today.
S&P 500 & EMINI (ESZ2012) December 2012
Posted: 12/03/12 19:13 OST/EST
For Trade Date: 12/04/12
OMNI wants to sell into a rally in ESZ12 near the 14XX.50 – 14XX.50 if one sets up.
Place protective buy stops A B O V E 14XX.00.
OMNI profit objectives are at 14XX.00 and 14XX.00 with some support levels expected on the way down. We will issue a Flash Update as we approach those levels.
Since Fibo 38.2% is 1410.50, most likely oscar is referring to that price to short.