It’s a fairly quiet morning so far, so as I get my day together, let me offer a chart of Foot Locker (NYSE:), against which I have a position by way of November put options. What I’ve got my SlopeAlert set for is a break of the 53.79 price level, designated with that green horizontal.
Below is the longer-term chart, showing the broken long-term trendline and what I consider to be the topping pattern.
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