[OVI Market Review] Defiant Mood Continues

[image] [Unsubscribe](=) [image]( Dear Trader The market is wanting to rise in the short term as earnings season begins in earnest. Last week I posed the question of whether this will end up being a bear trap, and suggested not to try to think too far ahead. Same applies this week. JP Morgan announced yesterday, and good revenue numbers were accompanied by increasing provisions against expected future defaults. That means it expects lending failures to follow. The market has elected to see the glass half full … for now. In today’s OVI Market Review I’ll reference a number of stocks as we usually do. As per last week, most of the more obvious setups are to the bullish side, but still make sure you manage you trades very conservatively, protecting any profits quickly. [Watch today's OVI market update video here >]( Market Outlook: In the short term I expect the recent upward momentum to continue. For more detail follow the blue button link below to the blog. The Main Indices: The QQQ – The SPY - The IWM - Go to the blog for details. Market Timers: - Longer Term Market Timer (OVIsi): Amber, and will likely stay amber for this coming week. - Medium Term Swing Timer: Positive and not overbought. - SPY OVI: Neutral. The interpretation for this is ... Go to the blog for more detail. Fast Filters Stock Selection: This week I’ve made a number of Fast Filters to unearth the best looking charts … and there are a few nuggets out there. - 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: Look out for an upgrade this week … We’re introducing a right-hand panel to the charts, which will be the catalyst for further upgrades over the coming weeks and months. Just to remind, new features such as looking up options strategies directly from the charts are now in development in time for spring. Stay in touch to discover more as we unveil best-of-breed applications! Events: The [OptionEasy Bootcamp on 22-23 April]( is only around the corner, and with all the upgrades coming, it will be our best ever. It’s at the National Hotel on South Beach Miami, 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. -- 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