• 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

Retesting the 200 Would Be Ideal

Life sure is interesting right now!

Just a few days after returning from Mayakoba (some imminent news on that for 2026 soon 🤞) I was off again, this time to a chateau in Normandy for a pow-wow among some of the biggest financial publishers in the world.

If there’s one word I wanted to convey to my peers there, it was a four-letter word that I have made the very embodiment of WiseTraders.

GIVE

The privilege of producing technology is that we can keep giving to you. As often and fast as we can. Thoughtfully considered tools and properly-researched strategies to help you trade better, faster, and safer, while having more fun and being part of our family.

We care, and you can see it in everything we do.

That’s why you’ll keep seeing fantastic upgrades on a regular basis.

If you haven’t done so already, make sure you never miss an alert, software update or market commentary join our free Telegram channel here.  

Before my Market Outlook for the week ahead, just to remind you of an important update that we’re working on among others (listed at the end) …

  1. Personalization is on its way. I’ll have updates for you shortly as to when you can save your settings for our charts so you always see them according to your preferences.

Market Outlook:

Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.

Over the last three weeks I’ve said there’s likely to be short term upside, while the medium term is uncertain.

We’ve got that right, and now the S&P, QQQ and a host of stocks have shot up through their respective 200-dma’s, it would be a welcome scenario if they could have a little test before resuming their upsides.

If they do consolidate around these levels and poke up again, then the medium term will be bullish. And while that’s looking increasingly likely as a scenario, I would be wary if they didn’t form such setups.

Watch the video for more detail.

Market Timers:

  • Longer Term Market Timer (OVIsi):
    Yellow.
  • Medium Term Swing Timer:
    Bullish (very near overbought).
  • The Main Indices:
    Only the IWM does not have an obviously positive OVI currently but that could change in the next couple of days.

Stock Selection:

This week I again reviewed the newly improved Big Money Footprints Fast Filters which I rationalized a few weeks ago. I also focused on post-earnings, of which there are several decent setups. We’re almost spoiled for choice right now, but bear in mind the possibility of a pause to allow the SPY and QQQ to retest their 200-dma’s.

The broad market is finding its feet, but “news” is always just one press conference away!

The key to consistency is to pick your playbook and stick to the best quality setups that conform to it. If the setups aren’t there, keep your powder dry for another time.

My playbook is OVI, near Key Levels, Shrinking Retracements, and a consolidation/sideways move.  The other two Big Money Footprints are highly desirable but those four are essential to me! With my new VIP filters, I’m also now looking more at overbought and oversold issues.

Go into the ‘Expert Watchlists’ area of the platform to view my Watchlists for (a) all the stocks I cover in today’s video, and (b) a smaller list that warrant a closer look.

** The list of stocks is in the Expert Watchlists area (just click on my image to see them), so you’ll have to log in to see it. Market Timing will also go inside a login soon. Remember to reference the video commentary so you know what my sentiment is on each stock listed. **

Don’t Miss Out:

Software Upgrades:

We’ve deployed some big updates recently, and many more game-changing upgrades will be made in time for the London Stocks Summit on December 6th

Lined up for later this year: 

  • A.I. Interfaces:
    If you like using A.I. applications, then you’re going to love a particular development we have in the pipeline for you, namely GPT inside our charting application!
  • More Automation:
    This is likely to result in an overhaul of our Home Hedge Fund / OVIcopilot application, relating to Market Timing and even some stock selection.
  • Journal Upgrade:
    Phase 1 and 2 are both deployed, and there’s much much more to come in due course!
  • Personalization:
    Soon you’ll be able to set your preferences for how your charts will be laid out each time you land on them. I’m personally very excited about that!
  • Options Enhancements:
    Key improvements made to the Pricer and Analyzer, and more to be made soon.
  • Dynamic Earnings Calendar:
    I showed this to the Options Bootcamp attendees and they want it now!
  • Updated ‘How To’ Video Guides.
    We’ve already deployed a handy ‘How To’ click-through guide to help you navigate the platform.  We’ll also be upgrading the Fast Filters still further.

More updates are on the way! 

Upcoming Events:

Our Stocks VIP Summit in London is on the 6th of December! We’re going to upgrade this event, using the successes from Mayakoba as a blueprint.

Watch today’s market review inside the members area here! To the left is the Watchlist area. To the right is the TV area.

How to Watch This Video:

The best way to watch this video so you can flip through the charts at the same time:

  1. Log into the members area: https://platform.wisetraders.com 
  2. Click on TV within the Platform (top right) 
  3. Choose “On Demand” 
  4. Play

Remember, you can play the video at 1.25x or 1.5x speed if you want to save time! 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 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!

WiseTraders
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.