Plenty of decent setups for us this week, but you’ll also see plenty of whipsaw-type action too.
Just look at the main indices for how that played out this past four days alone!
So you have to be fussy about your selections and vigilant with executing my trading plan. How many months have I been saying that for now?!
It’s not that there aren’t opportunities … there are. It’s just that we have to use our skills to treat these market conditions with the appropriate degree of respect that they demand.
Market Outlook
The equities markets still look bullish. They’re just not the same type of friendly bullish that we saw this time last year where we could take our pick.
But as you’ll see today, there are some classic OVI setups forming right now, so focus on them!
Software Upgrades
Nothing else new to report this week, but we’ll soon be focusing on deploying the short term market timing oscillator.
This will be part of the big rebrand where OVI Traders becomes WiseTraders and “OVI Private Club” becomes “OVI Markets Daily“.
Also, in the options area, “Profit Rocket” and “Earnings Confidential” will merge to become “4XL“.
Options Bootcampers
Gift Pack Deliveries Update
Great news! We’re hearing that most of the gift packs have been received now. Please let us know if you’ve received yours and what you think!
Options software upgrades
Keep your eye out for an alert for our first Mastermind session where I’ll show you new tools that will be deployed as soon as we can.
I’ll also be adding new Fast Filters for you in the next two weeks or so.
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In this week’s market review I’m highlighting stocks from my favorite fast filters combinations. These include combinations of my Big Money Footprints, plus consolidations and shrinking retracements.
There are a few notable setups forming right now, so make sure you’re ready to pounce.