After Monday the summer holidays are officially over, and the main indices are likely to break their 4-week range within a week or two.
Quite what the catalyst and decisive direction will be is still up for grabs, and continued volatility is a reasonable guess to make.
But whatever happens, remember that being patient is one of the key skills you have to apply to the markets. When things are sub-optimal (like now) we have to dial things down a bit.
When we see the markets being decisive, along with an abundance of tidy technical setups, then we look to scale up.
Regardless, we always follow our plan, and we always focus on our preferred patterns.
In the background there is an enormous wave of research going on, and in the foreground you’re already beginning to see a sea-change of technological advances that we’re releasing this year.
The best and most profound is yet to come.
Today’s review includes setups that we’ve been seeing recently that are looking interesting now, plus some simple filters from FlagTrader.
PS. If you’re interested in any of my OVI trading services for stocks or options such as a fast-track mentorship or workshop event, book yourself an appointment here to speak with one of my trusted team. Many of my members aren’t aware of all the services I offer to help you become an established consistent winner with the OVI. Remember, everyone is an individual, and I ensure that I can cater to you and your particular needs.