Groundbreaking Upgrades Are Here

Lots to go through today … 

  1. A game-changing upgrade that I showcased on Thursday and which I’ll summarize again today.  
  2. Our E.D.G.E trade plan saved our bacon on two trades last week … I’m going to show you exactly what happened.  
  3. More good setups according to our unique methods and incredibly easy way to find them.  

Market Timing:

Well, the market has barely flinched and even had the cheek to have a super day on Friday.  Try not to judge … Trade What You See.  It’s as simple as that.  

But to be fair, it did drop from last week’s doji so, we got it perfectly right until Friday.   

The Medium-Term Timer is no longer overbought.  As I mentioned last week, the oversold signal is more reliable and has a better hit rate.  Right now we’re just in bullish territory (neither overbought nor oversold), but I would still counsel against chasing overbought issues. 

Soon we will deploy our new shorter-term market timer available in the OVI Markets Daily area, so we’ll get more color on where we are right now, and how we would trade the S&P as an ETF/Stock all on its own. That’s going to be another hugely valuable asset for us.

If you look the Dashboard, you’ll see a big purple pie for consolidations, with a count of 102.  That’s a big count.  Click into the pie to see how that compares with the past year.  

It will be interesting to see how the market reacts to the end of earnings season when news driven activity settles down.

Market Outlook:

The parabolic did run out of steam but didn’t collapse.  Let’s see how the next few days go, and we can use Wednesday’s low as a support level.  

Stock Selection:

A nice variety of interesting stocks for you today, but let’s not chase.  

Application:

Today I’ve used a few of my favorite Fast Filters. Because there are so many consolidations, I thought it would be sensible to look at those … in any case I always gravitate to consolidations for optimal risk management.  

Software Upgrades

The new Watchlist/Charts/Profile/Journal app is out for VIP members attending the London workshop, and you can already see how amazing it’s going to be.  On Thursday I showed how it will save at least 50% of your time. 

We’re just connecting up the final bits and doing the final tidy-up, so today I’ll still be using the old way, but that will all change in the next few days!

Make sure you don’t miss out.  Enroll for my WiseTraders Event for 4th December before it’s too late.  

We’re already starting on a new charts upgrade too … it never stops here!

Remember, you can play the video at 1.25x or 1.5x speed to whizz through it faster if you like! I have placed all the stocks covered in today’s review in your “Latest Preview” watch list.

PS. If you’re interested in any of our OVI trading services for stocks or options such as a fast-track mentorship or workshop event, book yourself an appointment here to speak with us. Many of our members aren’t aware of all the services we offer to help you become an established consistent winner with the OVI. Remember, everyone is an individual, and we ensure that we can cater to you and your particular needs.

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