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Despite last weekend being cautious I highlighted a few absolute gems including WMT and WPM on the long side.

I’ll review them again today so you can be sure as to what I was focused on, and we’ll have a look for similar setups again today.

As earnings season fades out, we’re still actively on the lookout for post-earnings setups.

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Market Outlook:

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

Last week I said:
With the exception of a couple of interesting setups I’m happy for this week to be risk-off.

Those couple of interesting setups were excellent!

The main indices demonstrated their robustness last week, bouncing back after another tariff tremor.

And while our targeted highlighted stocks faired exceptionally well, a closer look at the main sectors does show a slightly more circumspect picture across the board.

So, once again, focus on solid liquid stocks (also with liquid options) setting up with OVI and other Big Money Footprints near the Key Levels.

Watch the video for more detail.

Market Timers:

• Longer Term Market Timer (OVIsi):
  Green.
• Medium Term Swing Timer:
  Bullish.
• The Main Indices:
  All neutral to slightly red OVIs apart from the QQQ which is back to blue.

Stock Selection:

** Remember, managing risk in your trade management is as important as trading with higher probabilities. This is very much part of the WiseTraders method, and is our third Master Key. Look in our Gift area inside the Platform to watch “How to Cap Your Losses & Protect Your Profits“. **

This weekend I’ve had limited time to do my usual run-through, so I’ve done my more efficent version, which is still unveiling some good setups.

The key to consistency is to pick your playbook and stick to the best quality setups that conform to it. If the setups aren’t there, keep your powder dry for another time.

My playbook is OVI, near Key Levels, Shrinking Retracements, and a consolidation/sideways move.The other two Big Money Footprints are highly desirable but those four are essential to me! Increasingly, I’m researching the resulting impact of very short term momentum, and with my new VIP filters I’m also now looking more at overbought and oversold issues.

Video Length: 00:38:49

More By This Author:

Post Earnings Is Here – Now Be Patient For The Right Setups
Mixed Signs Of Overbought So Stick With Good Value
A Pullback Would Be Optimal