Last week I was clear that the markets were facing an uptick in volatility, and that you should only consider conditional orders or straddles.
Along with the OVI Sentiment Indicator (OVIsi) having turned red on the 28th September, this gave you an invaluable insight at exactly the right time … and not for the first time.
In today’s video we look a some potential reversals as the market does look a tad oversold. But you’ll need to be on top of these as this is a fast paced market.
Otherwise just bide your time for our other setups … Post-earnings will be here in a matter of days!