OVI Spike Already Proving Its Worth

Over the coming weeks and months there will be a new sheriff in the trading town.

The patent pending OVI Spike.

This remarkable indicator is producing the best numbers we’ve ever seen in our research.

It’s already unearthed DDOG (+93% in 5-weeks), APP (+38% in a few weeks), and HOOD (+28% just this week alone).

We’re now formulating the specific stratetgies and safe scenarios where it can be applied.

Risk control is always uppermost in my priorities. Higher probability is worthy, but it’s not enough on its own.

That’s where the Trade Plan completes the circle. That’s what we’re now focusing on.

Market Outlook:

We have an enviable record to preserve here, so this section is becoming quite sensitive!

Last week I leant bullish, which was the correct call, even with an over-extended market.

It’s the same call this week. Our Market Timers are still pointing that way, and they don’t get it wrong often.

The mean reversion will happen, but it will need a catalyst and then confirmation. We’ll be keeping an eye on meaningful reversal signals, but for now follow the money and manage risk. That means, stick with our strategy to select bullish setups that are not overbought.

The energy sector is suffering due to geopolitical optimism, tech continues to be wild, and metals seem to be stablizing after looking vulnerable last week.

Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.

Watch the video for more detail.

Market Timers:

• Longer Term Market Timer (OVIsi):
  Green.

• Medium Term Swing Timer:
  Bullish.

• The Main Indices OVIs:
  All blue.

Stock Selection:

It’s still a bullish bias this week.

I’ve focused this week on post earnings and the OVI / Trend Fade combinations.