Last week saw the start of a retracement which has followed a strong market performance. It remains to be seen how severe this retracement may turn out to be. The OVI has dipped into negat…
During the last week or so I mentioned signs of life and the post earnings gap up. The signs of life materialized into breakouts, and several of the post earnings gap-and-flag patterns that I me…
A quick follow-up from yesterday … Small signs of life were continued yesterday but on low volume levels. Also, big news on our side is that the programmers finally completed their de-bug…
Small signs of life in the markets which do need to be confirmed by price action. Also, the OVIcopilot v2.0 is to be released imminently. The new version has been corroborated on with a te…
Similar to Friday’s email, it’s all a bit mixed out there, and not many constructive patterns to take advantage of. This will change in due course, but just be patient in the meantime. &nb…
So the Dow and S&P did grind to new highs but couldn’t stay there. As I mentioned last time there were very few bullish setups and markedly more bearish setups. We have an incons…
Another day and more mixed signals from this market, defined by many bearish patterns and minor support breaks but many positive OVIs as well. We have earnings in a few weeks’ time which should …
Still mixed signals as I mentioned on Friday’s review. This is perfectly natural, so don’t panic if you’re not finding too many amazing trades. They tend to come along like buses … none …
It’s a strange market as there are a multitude of head and shoulders (bearish) patterns hovering like clouds, but many OVI readings remain in positive territory. Gold and Silver are taking a rest…
On Monday one of my favourite students, who calls himself Mr Angry, contacted me about the market displaying several doji bars. I responded by saying he should focus on the financial sector, nam…
