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Short Term Retracement Setting Up

Last week I mentioned two important upgrades which we deployed … and there are even bigger ones to follow, particularly with my options applications where you’ll be able to find optimal stocks with their optimal options in a couple of clicks of your mobile device!

Personally I’m loving how the new apps work, and how efficiently I can find my optimal setups.  But the scary thing is that this is only the beginning, with another swathe of new upgrades coming in the next three weeks or so.

That will also include the Home Hedge Fund for my London and Miami attendees.  More about all that shortly!

In the meantime the markets are exhibiting a short term retracement on the 1-month trend while the 2-month trend still holds for now.  Also, perhaps surprisingly, is how the broader index, the Russell 2000, is holding up quite robustly.

It’s all in today’s OVI Market Review where you’ll see many similar looking setups, as well as some highly valuable educational points that come directly from my most successful members.

Also, I have now instigated the research project for my short-term “Fair Weather” Indicator which is designed to help up time the markets with more precision.  It’s a very big ask, but I’m confident we can do because I’m already able to call smooth-sailing markets and choppy markets.

So while it’s currently  a discretionary thing that I layer on top of the OVIsi and my favourite OVI setups, it does have certain parameters that I consider, so at some point we should be able to successfully convert it into a formula.

In the meantime, we already have something wonderful … I just want to keep getting better!

Bye for now.