Adobe – US Stock

Hi Everybody,

The strong rally in the S&P (off its TS4 low) has had a good effect on recent longs on individual US shares, for example the current TS3 long in Adobe (ADBE) off the TS3 buy on Jul 8.

As you can see, this is already on a nice +5.7R Profit (ignoring slippage and commission)

Thanks

Steve

S&P – Daily Chart

Hi Everybody,

It is nice to see the S&P moving higher strongly off our TS4 low

The first minor target is the DP form the prior Wave b high, which is only just above the market now.

Thanks

Steve