Thanks Oscar for a great month, I learned more in this month in the platinum room than in the 2 previous years with fake gurus and selflearning. To the others I can only say: stop blowing accounts and follow the OMNI.
As you must know by now if you watch my videos I am a bear trader forced to buy dips a rally that seems to have small but interesting legs. That is the trading "style" the analysis calls for currently. I will be quick to switch to a "seller of rallies" posture, but only when the charts tell me to. The charts are always right. I simply follow along.
Oscar I see a bear pennant / ascending wedge forming in the sp500 the nasdaq and the dow charts over the last 2 months, Also noted are diminishing returns and decreasing volume. the current bull cycle is coming to an end. there is not much more upside left and a breakout to the downside will happen SOON.
bring up a 3 month daily chart of the dow or the sp500 and look for the ascending wedge / bear pennant formation.
how do you play stops if you are a swing trader and the stock you left over night opened the next morning 20% down.
lti12 2 years ago
Somebody take the sugar away from him
lti12 2 years ago
Thanks Oscar for a great month, I learned more in this month in the platinum room than in the 2 previous years with fake gurus and selflearning. To the others I can only say: stop blowing accounts and follow the OMNI.
Oingobongo
hmu7 2 years ago
i love how you can just address oscar with a completely straight face with a handle like that. nice analysis tho
PFCAhammed 2 years ago
As you must know by now if you watch my videos I am a bear trader forced to buy dips a rally that seems to have small but interesting legs. That is the trading "style" the analysis calls for currently. I will be quick to switch to a "seller of rallies" posture, but only when the charts tell me to. The charts are always right. I simply follow along.
All the best,
Oscar
Livewith0scar 2 years ago
Oscar I see a bear pennant / ascending wedge forming in the sp500 the nasdaq and the dow charts over the last 2 months, Also noted are diminishing returns and decreasing volume. the current bull cycle is coming to an end. there is not much more upside left and a breakout to the downside will happen SOON.
bring up a 3 month daily chart of the dow or the sp500 and look for the ascending wedge / bear pennant formation.
cowsfucking 2 years ago
9 for 9 this week, not counting the perfect afternoon trades....AMAZING! One of the few real deals when it comes to trading.
KenSemak 2 years ago
A great week, 100% winning trades, thanks Oscar.
Quin
quin10069 2 years ago
Missed ES, replaced with ZS, great call! Green, Green, Green. Great Week!
UY
AO
OmniTraderAO 2 years ago
Great Soy-bean trade Oscar ! Made some $ = Rang my register ! Thanks ! Gooo Omni !
GnosticVelvet 2 years ago