@pipercolt1963 Elliott Waves rule over chart formations so we should be ready for the mother of all declines. S&P500 will drop below 1000 before it ever breaks through 1200.
@herbs814 just now noticing this more symmetrical inverted H&S, herb even oscar says formations rule over indicators so we could be ready for the mother of all rallies.
oscar..love the video..as always i made good money with this video and this rec..if you like haviing a positive account in futures trading this is the spot hands down..
even the long term charts are bearish. long term, the ES and the DJT form a head-and-shoulders ... and any advance from the bearish HS formation has been on decreasing volume, anemic internals, and declining indicators. the negative divergence of price action vs internals and oscillators signals a bearish reversal.
the indices are in the concluding phases of a bear market rally... and will likely stall around 1140 (.618) or 1175 (.786) and reverse lower.
Wonderful video about swing day & long term charts and analysis. It was also good that you explained consistency of trading chart patterns when they occur...such as swing day.
@pipercolt1963 Elliott Waves rule over chart formations so we should be ready for the mother of all declines. S&P500 will drop below 1000 before it ever breaks through 1200.
herbs814 1 year ago
@herbs814 just now noticing this more symmetrical inverted H&S, herb even oscar says formations rule over indicators so we could be ready for the mother of all rallies.
pipercolt1963 1 year ago
Oscar, dear, you do a wonderful job. Please, take care of your heart. You need to tone it down for the sake of your health.
kaywimman 1 year ago
oscar..love the video..as always i made good money with this video and this rec..if you like haviing a positive account in futures trading this is the spot hands down..
26garber 1 year ago
even the long term charts are bearish. long term, the ES and the DJT form a head-and-shoulders ... and any advance from the bearish HS formation has been on decreasing volume, anemic internals, and declining indicators. the negative divergence of price action vs internals and oscillators signals a bearish reversal.
the indices are in the concluding phases of a bear market rally... and will likely stall around 1140 (.618) or 1175 (.786) and reverse lower.
herbs814 1 year ago
Oscar I love this long in depth video's. I can't say it enough but you rock. Thanks for the profit I booked will subscribe soon.
RachidNYSE 1 year ago
Why not trade Forex?
cavalucho 1 year ago
Hello O;
Wonderful video about swing day & long term charts and analysis. It was also good that you explained consistency of trading chart patterns when they occur...such as swing day.
TY for your hard work and teaching.
Best,
rj007
simla005 1 year ago