A decent week for the markets where they held their own, but there are quite mixed messages out there as the OVIs for the indices are still shaky.
That said, plenty of stocks are forming rather decent looking bull flags with correspondingly decent OVIs.
The way to play these is with caution. In other words ring-fence your first profit quickly by setting ultra conservative profit targets. Also it’s fair to say that this market is not the one to bet the farm on!
Also remember, I’m holding a webinar on Wednesday, so be alert for my email invitation that will come very soon!
Bye for now …