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For weeks I’ve been warning of increased volatilty being on its way … And here it is!

The catalyst was the threat of 100% tarriff on Chinese imports. And the most vulnerable stocks were those which were overbought, as well as those that are perceived to be in the firing line of President Trump’s Tarriffs.

Market Outlook:

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

After showing remarkable resilience over the past few weeks, the markets finally wobbled from their overbought positions, and there’s likely to be more downside to come over the medium term.

Watch the video for more detail.

Market Timers:

• Longer Term Market Timer (OVIsi):
  Green.
• Medium Term Swing Timer:
  Bearish to oversold.
• The Main Indices:
  Neutral OVIs for the SPY and QQQ. Negative OVIs for the DIA and IWM.

Stock Selection:

Today I’ve looked at some overbought issues for reversals, as well as consolidations near the Key Levels.

More By This Author:

Markets Still Bullish, But On A Knife-Edge
Technically Bullish, But Protect Your Profits
More Volatility Is On The Way