Chart period: Dec 21, 2002 - Jan 4, 2003
Point (1) indicate a good opportunity to short the market.
Both Point (2) & (3) can be taken as buy opportunity with point (4) as sell exit. A gain of 160 points can easily be achieved between point (2) and (4).
Chart period: Jan 9, 2003 - Jan 20, 2003
Our ETI has been working nicely to identify the market trend ignoring whipsaws.
First, look at the blue "?" sign on USO indicator. Although there is a setup point earlier, but the fail peak attempt is rounded and not sharp. So we do not take that into account.
Point 6 and 7 can be use as exit if you short at 5.
Chart period: Feb 17, 2003 - Feb 24, 2003
Our indicator has accurately show a few price divergence which result in strong chart reversal.
Chart period: March 10, 2003 - March 20, 2003
Our indicator manage to catch quite a number of major chart reversal.