11/08/2017 Recap - members only

Markets rallied .2% to .4% but the accomplishment is the fact that they turned the red pre-open action. The bears did nothing. chart

#S&P #ES e-minis: For a visual chart

#Small caps #IWM: Nice bounce today and looks good for a recovery BUT they need oomf to overcome prior support so not to become fwd resistance. chart

#XLF: As good a base as any chart

#Bonds #TLT: I shorted it today but I think tomorrow should be another opportunity to do so. Ask me how if interested chart

#EAT: Will prob trade inside its earnings candle for a bit. chart

#MIDD: Quality company falling on earnings. Worth catching BUT technically on the wkly chart I see a bearish pattern that COULD target 108ish. So I would wait. chart

#PCLN: Opportunity? but only if mkts hold up. If the mkt corrects, this one will continue lower and much faster than the indices. chart

Posted to Create Income with Options … on Nov 08, 2017 — 4:11 PM

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