A strong bounce off the short term support today so far. There’s still a while to go today, but keep things in perspective, we just had the worst August in 10 years! Employment is still a …
OVI has been negative for the QQQQ over the last month and isn’t fairing well either for the S&P. The Dow OVI is neutral but as I’ve said before it does tend to be more bullish than the othe…
Earnings season is pretty much over now, the OVI is negative on all indices, and bearish patterns are in the ascendancy.
There have been some fantastic bear flags recently that many of us have prosper…
As I’ve said in the past few months, it’s the Nasdaq OVI that is proving to be the most insightful, and therefore the index that I’m paying most attention to.
But imagine for one moment if the reading…
I trust you didn’t really think it was “luck” with my Goldman Sachs trade!
It was simply good, sound trade management that I took profits as (a) the stock price wobbled during (b) an unconvincing mark…
Well the major indices were looking poised again for another breakout but this morning we’re down. Fortunately for us breakout traders, no breakout means no losses.
S&P OVI I have to sa…
Hi Everyone
GS continues with its breakout to the upside – Remember, I highlighted this last Tuesday (27th July). It was forming a Bull Flag / Pennant at the time and it broke out on Thurs…
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Please watch the short video here.
Yesterday I sent you an email which included analysis about the GLD Bear Flag, which subsequently broke down beautifully in our favour. &nbs…
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If you were long the indices (and TRADING WHAT YOU SEE!) you’d have been well rewarded as the Dow, S&P and Nasdaq followed through with their respect breakouts, with their respec…
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The constructive price action has continued on the major indices in a minor way, but there is mooted OVI follow through. The OVI is still mildly positive on the QQQQ, and neutral on the S&…
