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Technically Bullish, But Protect Your Profits

The indices have crept further into extended territory, and technically remain bullish, but it’s this kind of territory where positions can be vulnerable to very sharp pullbacks, even if they’re temporary in nature. We haven’t yet had the increase in volatility that I’ve mentioned recently … But it will come, so protect your profits as per our EDGE Trade Plan, you’ve earned them! By the way, there’s a slight glitch with the blog archive today, which will be updated and fixed on Monday. Market Outlook: Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time. Bullish but with the caveat that the indices are overstretched. Again, we’ll stick to our trusted formula, ie. stocks that are bullish and close to their Key Levels (ie. not overbought). Watch the video

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Market reviews and blogs

Your best source of investment news from WiseTraders and Guy Cohen.

Spot Opportunity In Just Minutes!

During yesterday’s OVI Market Review, I revealed just how easy it is to identify opportunities in a very short amount of time. Not only is this method extremely effective and profitable, it’…

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My Predicted Reversal Happened

On Monday morning I said that a reversal was imminent due to Friday’s Doji bar.  The reversal didn’t materialize on Monday.  Instead the market produced another Doji bar.  This simply m…

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Good Chance of Reversal Today

Friday saw a potential reversal bar on the S&P and several stocks.  Our bread and butter is OVI breakouts of trending stocks, and that’s what you should be focusing on 80% of the time.  …

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