Adobe looks severely oversold. Was it time to buy?

Over the last year the movement inside the stock market has accelerated by about 4X…

In other words, stocks are moving farther and faster than they were a year ago. You can see what I'm talking about just by looking at the S&P…

To a large degree, that's fractured the technical side of trading.

And as a result, many of the popular Indicators are not firing correctly…

For example… look at this set up on Adobe.

The stock fell 8% in a matter of 3 days…

Under normal circumstances, every indicator under the sun should have shown the stock was oversold.

Sadly- that was NOT the case. Many of the most popular indicators missed the buy signal. Including everyone's favorite… The RSI.

You can see it right here… The RSI completely missed the fact that Adobe's stock had fallen deep into oversold territory.

But thankfully -The Quantum Indicator- said that Adobe had fallen so deep into oversold territory, that it was likely to revert higher the next day.

In fact, after the market closed - The indicator said with a 72% historical probability that the stock would trade higher in the morning…

You can see the buy signal right here…It's that green dot right in the middle of the chart below.

And of course, just like the Quantum Indicator said the stock opened higher the next day.

In this case - Adobe climbed about 13% higher before the Quantum Indicator gave the sell signal.

The option paid out 135% in just 7 trading days…

But sadly, most folks missed this opportunity because the most common indicators can't keep up with the accelerated market moves we're seeing right now.

Again- you'd think more people would be talking about this…

But that's the reason for this email.

This Wednesday, Roger Scott will dissect the accelerated market movements we're seeing right now…

Plus he's going to show us why some of the most popular indicators are failing so many traders…

I also heard through the grapevine he's going to be showing traders how to use his Quantum Indicator.

From what I've seen, it actually delivers buy signals one full day ahead of time & it's working quite well in these accelerated market conditions.

Click here to check it out!

Trade well,

Alan Knuckman

Elite Money Trader

*The profits and results shown are not based on any sort of typicality as this is based on historical data from the indicator. The hypothetical options results shown are based on historical options data. We make no future earnings claims, and you may lose money.

HIGH RISK WARNING

Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. Classified Intelligence Brief provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success.

Adobe looks severely oversold. Was it time to buy?

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