[OVI Market Review] Earnings is Key

[image] [Unsubscribe](=) [image]() Dear Trader Yesterday's email should have had the Subject Line: "Earnings Is Key". Otherwise, all is the same. Here it is again! ... That was one of the tougher weeks in trading as many stocks retraced and whipsawed. The one more “hoorah” is looking precarious in this current upside cycle, and earnings will be the deciding factor. Many issues do look overbought, but that can continue for a while longer. In terms of market timing, my trusted indicators that serve us so well are not giving us a steer in terms of their mean reversion prowess. Simply put, they’re just not quite showing overbought … yet. For more detail follow the blue button link below to the blog. [Watch today's OVI market update video here >]( Market Outlook: We continued dot get more volatility – that’s what I anticipated over the last two weeks – and while the previous week was to the upside, this past week was truly ragged. This suggests we are certainly closer to much more meaningful retracement in due course, but there is a but … and the but is the real possibility of one further 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 blog for details. Market Timers: - Longer Term Market Timer (OVIsi): Now full green, but like the last two week only just by a whisker. As suggested last time, this could always slide back into half-green. - Medium Term Swing Timer: Neutral. - SPY OVI: Still not convincing, and only just in positive territory for now. QQQ’s OVI is better. The DIA and IWM OVI readings are not indicative of bullishness. Go to the blog for more detail. Fast Filters Stock Selection: This week I’ve again focused more towards the bullish side of things using various Big Money Filter combinations. The combination of bullish Shrinking Retracements near Key Levels with convincing OVIs continues to show its strength. Remember, we’re focusing on supply/demand inflexion points combined with low risk entry setups. Please view the blog for a smaller segment list that you can focus on for the week. --- Software Upgrades: More Watchlist upgrades to follow during July, including our Expert Watchlists, Journal app calculator and TV channel. Remember, the Bearish Shrinking Retracements are now in the VIP watchlists and will soon be deployed as filters. So, VIPs (stocks and options will get both bullish/bearish Shrinking Retracements and Overbought/Oversold filters in their TradeFinder Filter areas, as well has having them as preset dynamic watchlists. By the London Stocks Summit on December 2nd 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: We’ll give details soon for April’s OptionEasy Bootcamp in ORLANDO! Next up is our Stocks Summit in London on 2nd December will also be accompanied by huge new releases. We’ll also do a Foundation Day online the Saturday before the big event so we can focus on more 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