[OVI Market Review] Relentless Markets Keep Rising

[image] [Unsubscribe]( Dear Trader The main indices keep grinding upwards, and this week the Russell 2000 joined in with the fun too. Now, let's put all drama and guesswork to one side and look at things the simple way we do at WiseTraders ... Market Timing: The Medium and Long Term Market Timers are still suggesting bullishness, as they have done for many months. The big three indices are slightly extended from their key levels, so we bear that in mind. However, our main focus remains on non-extended bullish stocks. No point in fighting the tide of the main trend or wasting energy trying to speculate on some kind of crash. If things start to reverse sharply, we can react accordingly, or we can wait for the next bounce off a key level. Stock Selection: Our Big Money Footprints method provides low risk setups which, when combined with our Trade Plan, enables us to pick off conservative first profit targets with high probability. Sometimes these P1s turn into windfalls, sometimes they don't. But the majority of our breakouts do reach P1. And that's it, except for one vital extra piece ... Application: We can evaluate Market Timing in a few seconds, and we can identify higher probability Big Money Footprint stocks in a click or two. No dramas, no time-wasting, low risk, high probability, absolute focus and superior results. In today's Market Review I'm also going to reveal a few stocks that have a higher degree of short selling pressure. These stocks can make for dramatic turnarounds, and there are currently several potential nuggets. The potential short squeeze is one of the filter combinations in my VIP Stocks TradeFinder that is available to December Summit members. As an addition to last week's comments on our innovation drive, the new Journal application will not only enable you to share your trades and notes with your fellow OVI members (at your discretion of course!), but also with your mentor, who will be able to comment straight back at you. How phenomenal is that! Market Overview In today's market review, you'll see a good selection of stocks setting up nicely. Again, I'm aware that the large cap indices are quite extended, so I won't be going for extended stocks. The 1 and 2 month trend indicators suggest bullishness, but with small pies. This means that fewer stocks are in 1 or 2 month trends, but the majority that are, are bullish. Flags are in short supply right now, while all key levels are bullish with large pies. Market Timers are as described earlier. Market Outlook It remains a bullish market, but still quite awkward and choppy. Best to focus on stocks that haven't deviated too far from a Key Level. I do this in the Summit VIP TradeFinder by combining the Key Level filter with a "Touching MA" filter. The Key Level filter finds stocks that have crossed and held your selected Key Level in the last 30-days. The Touching MA filter finds stocks that have been within 0.5% of your selected Key Levels within the last 10-days. Combining both of these filters means you will find stocks that have crossed more recently. Very handy indeed! As always, only Trade What You See ... and make sure you're seeing at least a couple of our Big Money Footprints! Software Upgrades I should have news on the new OptionEasy Strategy Analyzer very soon. The journal updates will be in time for the December Summit! -- Remember, you can play the video at 1.25x or 1.5x speed to whizz through it faster if you like! I have place 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 about any of my services here >]( [Unsubscribe]( FlagTrader LLC 5325 8th Street Zephyrhills, Florida 33542 United States 001-872-829-0017