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Patchy And Still Patchy in the Short Term
Please ensure you keep getting my reviews and communications by being in our Telegram channel here. https://t.me/wisetradersovi The Markets … An extraordinary week where again it was our Trade Plan that showed its immense worth as none of the most interesting bullish stocks broke out, meaning no breakouts, and in turn no losses. The four day week certainly did not live up to the bullish expectations it was setting up for, and in many respects we’re now looking at more bearish setups. The wrinkle with that outlook is that the news that came out last week is not all bad. The jobs report was not surprising in any way, and interest rates are on course for a cut. See below for Market Outlook. How to Watch This Video: The best way to watch this
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Patchy But Still Bullish
Please ensure you keep getting my reviews and communications by being in our Telegram channel here. https://t.me/wisetradersovi Webinar This Coming
Suddenly Spoiled For Choice
Please ensure you keep getting my reviews and communications by being in our Telegram channel here. https://t.me/wisetradersovi Time Poor Webinar
EDGE Trade Plan Proves Its Value
Our Options VIP ‘1-2-1’ sessions have been a huge success so I’ll look to repeat them for our upcoming Stocks
Market Update 30 June 2010
Hi Everyone
Well, as I wrote before yesterday’s action, and as I discussed in my Private Traders Club Members webinar, this is a bearish market, and Tuesday’s breakdown was no surprise except in…
Market Update 29 June 2010
Hi Everyone
No upside follow-through from Friday’s Doji bar on the main indices, and no upside follow-through from GS either.
From a trading standpoint that’s fine as none of our breakout …
Market Update 25 June 2010
Hi Everyone
Do not be surprised if we have a short term upward reversal this coming week.
The S&P and Dow both exhibited doji bars on their cash indices and their ETFs on Friday. &nbs…
OVI Update 22 June 2010
Hi Everyone
Once in a while the markets give us what most traders fear the most … the dreaded outside bar! An outside bar occurs where today’s high is higher than the previous day’s (or …
OVI Update 16 June 2010
Hi Everyone
Just a quick update on yesterday’s OVI readings. The Dow and S&P’s OVIs crossed to the upside (the S&P only just) but curiously the Nasdaq’s OVI turned slightly down.
…
Market Update 16 June 2010
Hi Everyone
(Please note the OVI charts are Monday’s as Tuesday’s are still being calculated as I write this note)
Well the Double Bottom held and we’ve seen strong action on the main indices as they …
Market Update 10 June 2010
Hi Everyone
The major indices tried to get going positively today and got pegged back.
Here is the previous day’s OVI chart for the S&P (today’s is still being calculated as I write this not…
Market Update 03 June 2010 – What Next for the Markets?
Hi Everyone
The markets are still volatile with large daily swings up and down.
The basic patterns remain pretty bearish and the OVI for the S&P and Nasdaq are also negative, while the Dow …
Market Update 25 May 2010
Hi Everyone
Do not be concerned if you cannot find many or any decent patterns like neat flags right now.
The market is telling you something – that it’s temporarily sick, so you’re better to b…
Markets Need Time to Repair
Hi Everyone
Just a quick note to comment on the general market action right now.
Yesterday’s rebound is a natural reaction and I wouldn’t be surprised to see more wild gyrations for a few …
