In this video, we have some very special information. The first part of the video goes over the overall conditions of the market and my thoughts on taking some protection into the next couple weeks. I talk about the VXX split and other ways of hedging against a downside move. This is not a direct out call to sell everything and bunker down, but feel this next week or 2 we have a potential to complete the cycle down that started with a perfect sell divergence on the daily chart. Now because of this, there are some concerns on initiating new longs. The watch list comes next and I review everything that is currently active and some future setups to watch.
The real gem comes as when I started a live research session last night. We had a great discussion on all things stochastics and DTR Member Sunner call in to ask some questions on the Divergence spotting techniques and some issues she is having to spot them. This turned into one of the best reviews and overall mini webinar on divergences. I realized this was happening so I started recording the show and have added it the end of this video. So you will hear an abrupt switch to Sunny’s call and the discussion that happened after for the next 2 hours. I apologize for length I did not edit this down because it was a free flowing discussion, at times we stray from the topic but then get right back on track. I consider the info here very valuable and enlightening.
Hope you Enjoy it
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