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[OVI Market Review] It Ain’t Pretty (Yet) But There’s Still More Upside

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ovitraders.com

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Sun, Nov 20, 2022 12:59 AM

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Keep in touch with the markets Dear Trader Last week I mentioned that the markets would get easier a

Keep in touch with the markets [image] [Unsubscribe]() [image](=) Dear Trader Last week I mentioned that the markets would get easier again in due course. We’re not quite there yet, but there is still a bit more juice in this upmove that started in October … It certainly isn’t the prettiest though! There are only 14 days until our big Summit Strategies Day where my new filters will help you make the most of setups as they’re forming. [Speak to a member of my Support Team to get the ideal package for you](=) In today’s market review you’ll also see how I determine market direction in just a few minutes, and the stocks that are forming setups around important price levels. If you focus on these, you’ll dramatically save time, you’ll be able to specialize on the setup while also being open to explore different ways of exploiting it with stocks or options, and also managing risk better. Again, in just a few short minutes you’ll see the benefit of our excellent Market Timing and Stock Selection process that itself only takes a few minutes. So, just to recap, the current upswing since mid-October is being accompanied by a combination of greater volatility, mixed participation and likely near-term exhaustion, so I do expect this up move to take a breather soon – but it does look like there’s a bit more juice first. Go to the blog for more details. [Watch today's OVI market update video here >]() Market Outlook: There’s still more juice in this up-move, but there is resistance for the S&P up ahead, and timing-wise this is likely to coincide with the aftermath of earnings. The following move down will likely be the final one before the market starts a broader recovery. For more detail follow the blue button link below to the blog. The Main Indices: As with last week, I believe there’s still more juice in this up-move, but there is resistance for the S&P up ahead, and timing-wise this is likely to coincide with the aftermath of earnings. Earnings season is now over, and we’re now in the beginning of that aftermath. Same again as last week, the following move down will likely be the final one before the market starts a broader recovery. Market Timers: - Longer Term Market Timer (OVIsi): Amber, and will likely stay amber for this coming week - Medium Term Swing Timer: Positive (not overbought) - SPY OVI: Blue The interpretation for this is ... Go to the blog for more detail. Fast Filters Stock Selection: A choppier week resulting in plenty of sideways moves and consolidations. The question is whether they are high quality or not. Remember the optimal setup includes: - OVI bias - Recent cross of a Key Level - A consolidation or sideways movement - Recent shrinking retracements The other Big Money Footprints of recent accelerating volume and price action are also important. Please view the blog for a smaller segment list that you can focus on. --- Software Upgrades: The new upgraded ‘ACE’ automated stock picker is now available for the London Stocks Summit. Remember to use discretion in accordance with the Big Money Footprints setups. I’m also deploying new Fast Filters in the Summit VIP area. Two more important new TradeFinder filters have been deployed for the Summit. The VIP Chart upgrade is in process and scheduled for Q1. Deploying your Trade Plan directly from the charts will be part of that! Part of the broader charting upgrade includes an integrated news feed, and will ultimately include trade plan directly from the charts, a TV channel, alerts, options selections directly from the charts – you’ll start seeing this soon, with ongoing deployments into Q1. An improved Market Timer indicator is also looking promising. Events: The Manuals are ready – and by now you know how much care we put into these! The WiseTraders Summit on 3rd December is almost here and will be our best ever. [Speak to a member of my Support Team to get a tailored package for you](=) It’s at the London Courtyard Marriott Heathrow, and we’ll also be broadcasting live and recording it. I will be unveiling more upgrades and findings, making all of our trading more precise and more efficient. The Foundation Day gets everyone on the same page regardless of your current experience, and will be held on 26th November, by remote live stream. -- 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. [Watch today's OVI market update video here >]() Bye for now Guy [image](=) PS. If you're interested in any of my OVI trading services for stocks or options such as a [fast-track mentorship](=) or [workshop event](=), book yourself an appointment [here](=) to speak with one of my trusted team. Many of my members aren't aware of all the services I offer to help you become an established consistent winner with the OVI. Remember, everyone is an individual, and I ensure that I can cater to you and your particular needs. [Speak to a team member to get your ideal package tailored just for you >](=) [Unsubscribe]( FlagTrader LLC 5325 8th Street Zephyrhills, Florida 33542 United States 001-872-829-0017

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