[OVI Market Review] Still Not Overbought, But Some Stocks Showing Signs Of Tiring

[image] [Unsubscribe]() [image](=) Dear Trader This was a particularly good week, with many stocks performing very nicely indeed. But a number are now showing profit-taking or initial sell-off bars. Up to now I’ve been consistently bullish with some caution. Bullish was the correct direction, the caution might have been over-cautious! But no harm done either! Protecting your profits with our P2 technique and focusing only on optimal setups with Big Money Footprints near Key Levels never did anyone any harm! For more detail follow the blue button link below to the blog. [Watch today's OVI market update video here >](=) Market Outlook: Last weekend’s guidance on a broader rally taking hold bore fruit over the last five days. While some stocks are beginning to look overstretched with potential profit-taking bars, there are still a number of very attractive bullish setups forming near Key Levels. 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 blog for details. Market Timers: - Longer Term Market Timer (OVIsi): Still half-green. If the indices don’t pull back, it will turn full green. - Medium Term Swing Timer: Bullish, Bullish, like the last couple of weeks (this really is a fantastic indicator!). - SPY OVI: Doing ok. The QQQ’s OVI remains positive while the DIA’s remains uninspired. Go to the blog for more detail. Fast Filters Stock Selection: As per the last few weeks, I’m still covering more bullish stocks than bearish, and the main Big Money Footprints I’m looking for are the OVI, Key Levels, Shrinking Retracements and consolidations. Also, note post-earnings. Please view the blog for a smaller segment list that you can focus on for the week. --- Software Upgrades: Big upgrades are imminent … Important design improvements and the new Watchlist upgrade will be first up. Today I show a few bearish Shrinking Retracements which will also be made available in the VIP filter areas soon. These are so important when they are in the right context along with OVI and recent activity near Key Levels. It’s a busy summer for us as we will release the new upgraded Journal app with an inbuilt calculator for you to be in control of risk at all times, and there will be also the TV component so you can watch education content beside the chart you’re looking at. And finally, by the London Stocks Summit in December we should also have our new charts, which will be among the biggest game-changers we’ve ever deployed. Stay in touch to discover more as we unveil best-of-breed applications! Events: Big news pending on next April’s Options Bootcamp … I’ll hopefully have news on that for you next weekend! With our technology improving so rapidly, we’re brainstorming how our events will be more practical-based moving forward. The idea is for you to “learn, practice and apply” all at the same time. The Stocks Summit in London on 2nd December will be accompanied by huge new releases. We’ll also do a Foundation Day online the Saturday before the big 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