• Stock trading courses and applications to shape you into a more 'informed' and confident trader.

      Perfect for all levels of experience.

      Discover the power of trading with responsible leverage through our options courses and applications.

      Perfect for intermediate or advanced traders.

      Receive tailored, one-to-one coaching and guidance from a professional trading mentor.

      Perfect for all levels of experience.

      Supercharge your stocks or options trading journey at one of our live events.

      Perfect for all levels of experience.

  • Blog

A short video today comparing this current retracement with previous ones over the past year.  

The previous ones have tended to resolve themselves with clear reversal signals occurring in the S&P, Dow and Nasdaq.  We’re not seeing that right now, which indicates we have further to fall.  

Currently the three main indices all have negative OVI readings for the last few days, with yesterday seeing another price drop following Monday’s low volume temporary reprieve.  

So the clear message is be super careful right now.  If you’re not in a position there’s no need to get into one just yet.  If you are in positions, manage your risk accordingly – which could involve tightening your stops. 

   

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 a more ‘informed’ and confident trader with the OVI. Remember, everyone is an individual, and we ensure that we can cater to you and your particular needs.

Follow Us On

Related Posts

WHAT'S YOUR TRADER PERSONALITY?

Take our 30 second quiz to discover your trader personality and find out what trading style suits you best!