A Bullish Trading Setup in Adobe (ADBE)

I like Adobe for a buy because it has a bullish trend, a daily squeeze, and an upcoming earnings report. This trading setup could be traded with long calls, put credit spreads, or a bullish butterfly.

Reviewing The Initial Balance

Neil Yeager Futures

We use a concept and indicator in the Futures trade room that I would like to review in tonight’s update. Today is an opportunity to highlight its effectiveness.

Bullish Breaks Of Symmetry

Today’s bounce in the S&P 500 added enough to the move up from Friday’s low to now make it the largest advance since the July high. That is a warning to bears that the decline might be over but it’s not yet an all clear signal for bulls.

How’s It Going To End? II

Sam Shames Options Daily

A follow up to the video I sent out two weeks ago. Put the pieces together yourself and let us know what you see.

AAPL Can’t Fight Gravity

Last week we took a look at AAPL’s precarious position beneath its fireline. This week we saw it let go of support which was keeping it near that important Voodoo Line level. That leaves the stock open to explore even lower levels if it can break nearby symmetry.

Bears Win

Neil Yeager Futures

The idea of a Pit Bull and Mid Week Shuffle low was simply not in the cards this time. I followed the plan and tried to buy it but to no avail. With that, here is what I can see as what may be next…

That's as far as you can go!