07/02/09 Holiday Market Reversals
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O looks like the reversal started at 1030. Lets hope for a weak dollar tomorrow.. Back to the uptrend !!
gjerrildkro 2 years ago
Do you consider the VIX ??? it gets below its moving average and snaps back hard.being the start of the 2Q profit taking is sending it higher.. consider the VIX..
gjerrildkro 2 years ago
Good call, let's get back from the Holiday, We shall see what the reversal does when Monday comes along.
favoritehobby 2 years ago
no you said market is going up! in your last video.
mehrbodd 2 years ago
thanks go right back at you BIG O! your willingness to help others is legend, i see it daily in your chat rooms and can only marvel...happily awaiting the OMNI for monday here, and possible weekend webinar, as these futures markets had good movement to end the week!
77omniac 2 years ago
OMNIACS,
the "reversal" does not happen in every futures market and is not guaranteed, however, it absolutely did work in the indices again this holiday as it has on almost every major holiday. Please be sure to search for Holiday Weekend Reversals on my Youtube channel for additional videos explaining in greater detail the REVERSAL type action we expect each holiday. Have a great July 4th Holiday weekend. Thank to all OMNIACS around the globe for your undying support,
Oscar
Livewith0scar 2 years ago
How is asking a question unjustly slamming Oscar?
Chill out yourself dude!!
luddwig31 2 years ago
Hi Oscar, learned this lesson from you last year at thx-gvn .and I was really greatfull now . Being Long on serveral trades (Oil, SnP and others) it was easy to stay cool this time ;) :) . One comment : DAX only does what DOW is doing . Oscar & O.-fan´s : Best regards from Germany , I hope you all are having a great holiday . Kleinerbroker
Kleinerbroker 2 years ago
i think you just conquered the english language
balomas69 2 years ago
What if its a quick reversal ? end of quarter profit taking, what if the indices go up then reverse at noon, and close lower.would that then suggest market going much lower ???
gjerrildkro 2 years ago