No real change from last week, so today’s message will be much the same … This is not a market to be overly aggressive, though we are hearing of some notable gains from several OVI members even in these more challenging conditions.
And what do they have in common?
They follow the OVI rules to the letter.
Only the highest quality setups, only proper entries and only conservative P1s.
That’s it.
One thing that has changed since last week is that my OVI charts now include the 20 day moving average (as well as the 50 and 200 which I added a few weeks ago) and, even better, the next earnings date for each stock when the date is available.
Over the next few weeks we’ll be able to provide these next earnings dates further in advance as we integrate a new improved data source.
As for those moving averages, they’re just the first phase of a comprehensive new study in my OVI pullback reversal strategy which has been very successful, and now I want to discover if we can identify a clear sweet spot with them.
Today’s market review is being delivered by my chief mentor, Glenn, who has helped so many people to apply my OVI methods consistently where perhaps before they become a bit slack and lost their shape.
One such person is Gordon who I’ll talk about in my introduction … definitely worth hearing about his journey.