Just three weeks until our big Orlando Bootcamp! We have a flurry of upgrades and new “toys” for attendees that will transform the speed at which you can find optimal options ideas… literally in a single click directly from the charts!
The event will also emphasise the PRACTICAL! You’ll be using our new tools, guided by me and my team where each exercise is easy to follow step-by-step.
Plus, we’re releasing a brand new education suite that has been two years in the making. Here you’ll be able to cement your knowledge with state-of-the art fun learning tools – including quizzes! – all at your own pace.
Onto the markets…
Another positive week for the main indices apart from the QQQ which is consolidating, so hardly negative.
Try to keep your opinion on what “should” happen at the door. Just read the signals as you see them, and Trade What You See (TWYC).
For quite some time we have called the market overbought, and with one exception we kept calling it upwards. That was TWYC in action.
March 15th seemed to herald a long-awaited pullback, but the market had other ideas and there was no downward follow-through.
That tells me we’re likely going to need a very strong reversal signal for a meaningful pullback to happen.
Market Outlook
Watch the video at the bottom of this email for more detail.
Last week I said I wouldn’t be a ‘Canute’ in the face of a bullish tide. That was good thinking along the guidelines of TWYC!
As I mentioned above, for the meaningful pullback to happen, we’re likely going to have to see a strong reversal signal.
In the meantime, further upside is the path of least resistance, though as ever I would focus on stocks that are near their Key Levels and not overbought.
Our market timing is a real strength. Being good at market timing enables you to swim WITH the tide. It’s a crucial skill set which we’ll include in the practical exercises at the Orlando Options Bootcamp in April.
The Main Indices
Only the QQQ didn’t edge higher over the short week, though its tight consolidation is hardly something to worry about.
It’s still a good idea for you to protect your existing profits and any new profits early.
Keep sticking with our game plan of AAA setups near Key Levels.
Don’t get distracted by missed opportunities.
Market Timers
- Longer Term Market Timer (OVIs): Green.
- Medium Term Swing Timer: Bullish and not overbought.
- Index OVIs: QQQ red. SPY wobbling. DIA and IWM blue.
Fast Filters Stock Selection
This week I’ve focused on AAA setups with proximity to Key Levels, and with OVI and other Big Money Footprints in evidence.
Remember a chart needs to have the right qualities for you to consider trading it.
Pick your game and stick to the best quality setups that conform to it.
My game is OVI, near Key Levels, Shrinking Retracements, and a consolidation/sideways move. The other two Big Money Footprints are desirable but those four are essential to ME!
You can watch my full analysis in the video below.
Events
Our Options Bootcamp in Orlando on 20-21 April will be the most practical ever, with around 20 exercises and with the most bonuses ever.
Like we just did in London, each session will have a practical exercise for you to complete, so you can build your confidence in finding the exact type of setup you want to focus on. These practicals will involve all the options strategies covered, with each one taking only a few minutes to complete. This will give you the confidence to use our options tools to their maximum potential while saving you huge amounts of time.
Video analysis
Remember, you can play the video at 1.25x or 1.5x speed if you want to save time! I have placed all the stocks covered in today’s review in your “Latest Preview” watch list.
