OBOSS Market Timing 05/15/12 ‘OBOSS at -2.64’

OBOSS is dipping further into extreme over sold levels.  OBOSS levels lower then -2.5 is a very good indication of an impending bounce / snap back rally.   If you’re waiting on the side lines, this is a good time to use your shopping list and consider purchases.  If you’re scaling in, consider getting aggressive.  NOTE: Scaling into the market is considered a high risk trade.

 

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