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Oct
27
04/03/08 S&P, Emini & Futures Recommendations
Filed Under Howto
futuresanalysts
http://www.livewithoscar.com
Comments
12 Responses to “04/03/08 S&P, Emini & Futures Recommendations”
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Tomorrow is going to be a very tough call. The video dated 04/04/08 will explain.
Careful out there.
Oscar
Swing day! I agree. The VIX bounced off of the 200-SMA as well. Compare the S&P swing days with the VIX bottoms — perfect inverse correlation. Like Voodoo? Yep!
Nasdaq is going up tommorow..FRIDAY 4/4/2008..GREEN ARROW
Traders,
We traded the market today as if it indeed was a SWING DAY and we clipped 10 points out of the S&P market with that premise in mind. If you would like to learn these techniques for yourself please come to the OMNI Trading Academy at
LIVEWITHOSCAR COM We hope to see you there.
Oscar
Duck,
I also see the h&s formation as do most other analysts if they are not too short sighted, however, the right shoulder has not yet been formed so we need to exercise patience and poise here until it does form. Until it fully forms it would be premature to call it.
I like your analysis Duck…Keep up the great work.
Oscar
Thank you very much for your suggestion. Please keep advising in this capacity as we can use your guidance. We will try that this evening.
Again, thank you for caring enough to offer your assistance.
Oscar
Am I the only one who sees a Head and Shoulder bottom?
Measured move from the inverted H&S bottom points to SPX 1450 area.
One can debate whether the right shoulder is complete yet, but the measured move rally to SPX 1450 looks like its going to happen by sometime early May.
Here’s another reason I’m in love with the upside.
1) The McClellan Oscillator is on a “Momentum Buy”. Weekly SPX made lower low BUT the weekly McClellan Oscillator made a higher low.
Market breadth is showing a bullish divergence. Check it out, look at the McClellan chart, dont take my word for it.
Oscar, I’ve seen a half dozen of your videos and find them valuable. However, the quality of the video is marginal and could be improved with little effort. Basically, the picture is too dark likely because the automatic aperture of the camera is overcompensating for the whiteboard. It’s like taking a photo of snow, the pic will come out dark. To fix this you would take the camera off “automatic” and open up the aperture to allow more light to enter the camera. It works. Best.
Listen to this man people, he is just stuffed full of good advice. Thanks again Oscar from Maniac.
hi oscar .. been watching u for some time …great work.
have one question. whats a swing day please.. thnx much ..
You are a great help to us. Thankyou, thankyou, thankyou. Cup of coffee and my Oscar vid in the morning.