In today’s email I’m attaching the charts of the SPY, QQQ and DIA, so you can see how each corresponding OVI didn’t really participate in each of the index’s mini recovery leading up to last week.
I’ve forecast for some time that increased volatility was on the way – it happened.
With increased volatility we typically get price decreases – that’s been happening too. And it’s my belief there’s more to follow.
But with the OVI we can actually benefit from all this. During my private tutorial webinars it’s interesting how the same faces are the ones making the money each time we get together.
Please do make the most of the OVI. It’s making our lives safer and easier. All you have to do is stick to the rules.
If you’re not already a PTC member, I’m holiding a webinar tonight at 9pm Eastern time. Here’s the link for you to attend
Here are the charts from Friday:
SPY
S&P down 70 points since Thursday.
QQQ
Nasdaq down 100 points since Thursday.
DIA
Dow down 500 points since Thursday.
All the best
Guy