Can You Play "Step-Up" Charts On A Strong Day?

Can You Play "Step-Up" Charts On A Strong Day?

October 20, 2026

It's kind of the same question as looking for drops in prices on stocks on a early Monday morning uptick. This time it's a Tuesday morning situation. Few traders are finding value with this situation. It is kind of like last weeks blog on playing John Deere Puts. It may take a few days to see results. Let's see what happens. Here is it's one day morning chart. The stock is up $25.00 in five days. Gueting the tops is never an exacting science.

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Monday Morning As Usual.

Monday Morning As Usual.

October 19, 2026

Once again Mondays are times of market resets. Let me use these two charts to explain. ... Look at the drops last week in both of these com...