I am working on indicators for Jake Bernstein. The 8OC is a simple and powerful indicator for viewing trends and also serves as the timing trigger for Jake's seasonal trades. 8OC gave us an early warning on the recent stock market decline. We triggered on the September S&P short trade this year and reached our first profit target easily. I am now waiting patiently for the next big seasonal trade in stock index futures. (Hint: it is a long trade)
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