From the above official answers:
Q: Luke plays Read the Signs to investigate a connecting location with a ready, unengaged Young Deep One. Does he take 1 horror? (I think no, because he is considered to be engaged with enemy, but there is no timing point of engagement.) A: Luke playing Read the Signs on a connecting location would not cause him to engage Young Deep One or take 1 horror.
Ouch. Although technically correct, this answer fails to address the fact that you would still incur 1 damage and 1 horror in the form of an opportunity attack from young deep one. Failing to include this information in an official answer just leads to confusion and could cause players to incorrectly assume they can play this card and other events without possible attacks of opportunity. They wouldn’t get the 1 horror since there is no engagement timing point to take it, but they are still considered engaged with young deep one and therefore will incur the opportunity attack.