OVI Index

Pretty vs Ugly Charts

A quick note today where I want to highlight the difference between a good looking chart and an ugly chart.  To be clear I only go for the pretty ones!  So, what constitutes pretty?  &n…

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Quality Not Quantity

Quick announcement – some of you may have noticed new improvements to the OVI Traders Club website, which has been keeping me busy.  There are more to come and I’ll be reviewing them with you in …

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The OVI Tips Its Hat

There’s an old expression in trading that says, “Let the market tip its hat …”.  The meaning is essentially “Let the market show you where it’s going”.  It’s a nice little saying but wh…

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OVI Power!

I’m sure I don’t need to harp on about how good the OVI is … but seriously … it is ridiculously good!!   We’ve known for some time now that the markets weren’t happy.  The S&P O…

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Sell in May?

Well the charts look bearish, the OVI looks bearish and the count of flags looks bearish.  On the other hand the S&P is sitting at a key support level that could bounce back up.  My hunc…

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S&P Teasing its Support Level

The S&P has been traversing sideways for a month or so now … which just happens to coincide with the OVI being negative during the same time period.  Coincidence?  Come off it! &nbs…

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