INDICES READING:

>=2/3 indices are trending up = Focusing on overnight longs

>=2/3 indices are trending down = Focusing on overnight shorts

>=2/3 indices are range bound = No overnight trading

*Highlighted bold is where we are at in the market.

*Documentation explaining what this reading is and my overnight momentum trading system: Click Here

OVERNIGHT MOMO SCANS:

OVERNIGHT MOMO LONG MID/LARGE CAPS

OVERNIGHT MOMO LONG SMALL CAPS

OVERNIGHT MOMO SHORT MID/LARGE CAPS

What I’m Doing In Markets

Hey guys, this is a new section. Please reply and let me know what you think (“yes” you love it or “no” you don’t care for it).

Being honest, I am struggling this month in March. We’ve been in a no overnight tape, and I’ve been forcing it a bit. Losing bits and pieces here and there really adds up. I’ve given back everything this year, and I’m just going to be incredibly quiet in markets until there’s something that I’m truly excited about. I did try to front run a strong close on $PTPI today, and as you can imagine, that didn’t go all that well. That’s what I get for trying to anticipate a trade, which is sometimes what we find ourselves doing in times of dull markets. Additionally, I cut a trade I’ve had on $SES to just start fresh.

I just flew into Canada to snowboard, attend a music festival, and hang out with some Canadian friends I met while hanging out in Sayulita earlier this year. I imagine I won’t be missing much in markets these next two weeks, so my goal is to just check in at the end of the day, see where we are at in the market and then only take some overnight momentum trades if something is truly A+++.

Also, sorry for the delay in today’s email. I just got off my flight, which didn’t have internet from Vancouver to Kelowna.

Live to fight another day!

Man, I hate this market… 2024 was so incredible, and this is becoming so incredibly depressing.

Disclaimer: This content is for informational and educational purposes only and should not be considered investment advice. Always do your own research and consult with a licensed financial advisor before making any investment decisions. “We”, “I”, “SaveOnTrading, or “Overnightmomo” may buy or sell any security mentioned at any time, without notice.

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