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[OVI Market Review] Steep Bounce Triggers Likely Santa Rally

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ovitraders.com

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support@ovitraders.com

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Sat, Nov 4, 2023 11:14 PM

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Dear Trader Last week’s headline was that we were “close to being oversold”, the mark

[image] [Unsubscribe]() [image]( Dear Trader Last week’s headline was that we were “close to being oversold”, the market downtrend would likely slow down, and for us not to chase the market downwards at that time. That was yet another excellent commentary, though the steepness and speed of this bounce were a genuine surprise ... How to Watch This Video - Log into the members area: []() - Click on Platform (top right) - Click on TV within the Platform (top right) - Choose "On Demand" - Play Like last week, I’m putting today’s reviewed stocks into my (Guy’s) Expert Watchlist area. That means the big list and the more condensed list. Now for the markets ... Last week’s guidance was for a slowdown in the downtrend and we got much more than that. Such a profound bounce is now unlikely to be turn into a waterfall. What does look more likely is for a consolidation, perhaps even a pullback (ie. a steep consolidation), and then provided there’s no bad news then a Santa rally. That’s how quickly the markets can change, and you do need to be fluid in your approach. That means “Trade What You See” and don’t be wedded to an opinion. ** Please note these market commentaries will no longer be widely available very soon, and you will need to be in our VIP area. ** [Follow this link](=) to make sure you don’t miss out. That’s the beauty of the WiseTraders system. Again, be super fussy and be happy to be patient. Trading mistakes often come through a lack of patience. By now you must recognise how priceless our Market Timing commentary is. That’s why I’m including our Market Timing service (OVI Markets Daily) with our Stocks Summit VIP membership. That’s a $2,364 bonus … for FREE. Follow [this link](=) for details. For more detail follow the blue button link below to the blog. [Watch today's OVI market update video here >]() Market Outlook: As described above, I would now expect a pause of sorts before another push up. For more detail follow the blue button link below to the blog. The Main Indices: The SPY – The QQQ - The IWM - The DIA - Go to the video for details. Market Timers: - Longer Term Market Timer (OVIsi): Red. - Medium Term Swing Timer: Bullish. - Index OVIs: Only the DIA’s OVI has moved into the blue territory, while the other indices OVIs are neutral. Given how quickly the market moved, that's not altogether a surprise. Go to the video for more detail. Fast Filters Stock Selection: The scarcity of nuggets continues, but we have highlighted some solid setups every week. If this recent upward move consolidates, then we could be in for an excellent post-earnings period. Of all the Big Money Footprints, the most important are OVI, Shrinking Retracements, and Key Levels. The others are also very helpful, but those three are the ones I look for first. [Go into the 'Expert Watchlists' area of the platform]( to view my Watchlists for (a) all the stocks I cover in today's video, and (b) a smaller list that warrant a closer look. Very soon I will only post this in the Expert Watchlists area (just click on my image to see them), so you'll have to log in to see it. Market Timing will also go inside a login soon. Remember to reference the video so you know what my sentiment is on each stock listed. Please view the video for a smaller segment list that you can focus on for the week, though after next week this will only be able to be seen by logging into the platform. --- Software Upgrades: We'll be prioritizing the new charts so we can have a link to a broker platform. Even if in the first stage this is packaging up a bracket order for you, that will have a massive impact in terms of saving time. The journal app upgrade and calculator will go after that. Also, the full mobile phone (portrait) optimization is on the docket. Lots to do! Many more game-changing upgrades will be made in time for the London Stocks Summit on December 2nd. Stay in touch to discover more as we unveil best-of-breed applications! Events: Our Stocks Summit in London on 2nd December will be the most practical ever, and with the most bonuses ever. Each session will have a practical exercise for you to complete, so you can build your confidence in finding the exact type of setup you want to focus on. These practicals will include Market Timing and specific stock strategies, and will only take 15-minutes for you to complete. This will give you the confidence to use our tools to their maximum potential while saving you huge amounts of time. We’ll have the Foundation Day online the Saturday before the big event so we can focus on more of these practicals during the event. -- 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.com Ltd 1 Dawes Court Esher, Surrey KT10 9QD United Kingdom +44 (0) 203-865-3584

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