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[OVI Market Review] Exactly As Predicted ... Again!

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ovitraders.com

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support@ovitraders.com

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Sat, Feb 25, 2023 11:54 PM

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Dear Trader Just eight weeks until Miami, very excited about that … And I have a special announ

[image] [Unsubscribe](=) [image](=) Dear Trader Just eight weeks until Miami, very excited about that … And I have a special announcement to make on Thursday, so please keep an eye on your emails for that. I hope you’re seeing the value of my market reviews … Our record is amazing. For the last three weeks I’ve mentioned the markets being overbought and due a slip, even specifying to their 50 and 200 Key Levels … and yesterday they got there. ... Last week I also mentioned the quality of setups was quite poor. That’s often a sign of slipping prices to come. For more detail follow the blue button link below to the blog. [Watch today's OVI market update video here >](=) Market Outlook: Now we’ve reached those Key Levels, what next? Overall it looks like the markets are weak, so I do not expect a strong bounce from here right now, but there is likely to be friction around these Key Levels. One of my important indicators is slightly oversold, but can remain like that for a while. None of my other bellwether indicators are oversold right now, so it’s likely that the S&P will ultimately slip below its Key Levels. For more detail follow the blue button link below to the blog. The Main Indices: Here are my words from last week (they all did exactly what I said would happen): The SPY showed some fighting spirit on Friday but it’s likely to hit its 50-dma before it makes a new high. The QQQ is likely to drift to its 200-dma (and perhaps lower) before making new highs. The IWM is showing remarkable resilience, but is likely to emulate its more illustrious index rivals. So, what about this week? The QQQ – The SPY - The IWM - Go to the blog for details. Market Timers: - Longer Term Market Timer (OVIsi): Still half-green and will continue this week. - Medium Term Swing Timer: Just in the oversold zone, but a quick meaningful bounce for the S&P is unlikely. - SPY OVI: Wobbled into deep negative territory, increasing the odds of further downside. The interpretation for this is ... Go to the blog for more detail. Fast Filters Stock Selection: Last week I mentioned that the previous two weeks had produced less “nuggety” stocks … first due to many stocks having been overbought, and second due to many still trying to find a base. My guidance to ‘not chase’ would have kept you safe, again! This week there are only a small number of consolidations, which tells its own stories. Most of the attractive setups are bearish, and I typically like to focus on setups near their Key Levels. Please view the blog for a smaller segment list that you can focus on for the week. --- Software Upgrades: We're Making Options "[Easier than before, and Easier than everyone else]()". The amazing new tools for our Miami event … - Overbought/Oversold filters - Shrinking retracements filters / watchlists - OptionEasy Pricer at the side of the chart - OptionEasy Analyzer at the side of the chart Also, a revamped education suite so you can take better advantage of our unique content and also our quizzes! And that’s not all … Very soon after Miami I’ll be deploying a whole new Journal app with an inbuilt calculator for you to be in control of risk at all times. Then will be the TV component so you can watch our education content or your mentors right next to the chart you’re looking at. And then there will be wholesale upgrades to the charts too. Stay in touch to discover more as we unveil best-of-breed applications! Events: The [OptionEasy Bootcamp on 22-23 April]( is only EIGHT WEEKS away, 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

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