Jesse Licurse

[ProblemSniper @ProblemSniper]

$SPY $SPX

A perfect inverted head & shoulders off the consolidation. Measured move = 25 points on a break of 775.

QQQ and SMH are leading with QQQ made new ATHs last week. I expect them to drag SPY to the magic number: 800 this quarter, ending the year strong. The island bull gaps I flagged last week acted as textbook support. Friday's bull gap stalled at Wednesday's bear gap. One bear gap remains at ~773, with the trendline there, watch for a micro bull flag.

If 773 rejects hard, the buy-the-dip zone is the gap fill at 764. I don't see anything lower this week.

Trade Idea of the Week: $COST (video posted), watch the rotation into defensives. If QQQ/SMH and the AI theme hold, chips & infra setups are there too.

If you like my analysis hit the ❤️ and repost

[Adam Schefter @AdamSchefter]

Rams standout DT Aaron Donald told reporters that the plan for him is to play Monday night vs. the New York Giants.

[Adam Schefter @AdamSchefter]

Tampa Bay Buccaneers officially signed running back Leonard Fournette and center A.Q. Shipley today.

[Adam Schefter @AdamSchefter]

Rams’ roster moves, which leaves them with 52 players on their roster:

[Baltimore Ravens @Ravens]

"It was my dad’s number. My dad passed when I was 15. The reason I wear No. 27 is to honor my father."

@Jkdobbins22 on choosing 27: https://t.co/CPOqpxtadt

[Adam Schefter @AdamSchefter]

Trade: Washington has agreed to send Pro-Bowl OT Trent Williams to the SF 49ers in exchange for a fifth-round pick this year and a third-round pick next year, league sources tell ESPN.

[Adam Schefter @AdamSchefter]

Bills signed QB Matt Barkley to a two-year contract extension through 2020.

[Adam Schefter @AdamSchefter]

Josh Gordon now facing fifth suspension. Suspended two games in 2013 for substance abuse violation; for full season, before having it reduced to 10 games, in 2014 for same violation; for one more game in 2014 for violating team rules; and indefinitely in 2015 for substance abuse.

[Adam Schefter @AdamSchefter]

Eleven midseason NFL trade ideas, and why they make sense, via @billbarnwell. (Love NFL trades....)

https://t.co/E3Vr5J9lOy

[Adam Schefter @AdamSchefter]

Tyrann Mathieu named NFLPA Community MVP of the week for delivering 250 backpacks filled with school supplies to kids at the Boys & Girls Clubs of Greater Houston.

[Adam Schefter @AdamSchefter]

Rob Gronkowski now can earn $1.1 million for 70 or more catches, $1.1M for 80 percent playtime, $1.1M for nine or more TD catches, $1.1M for 1,085 receiving yards. He can make three of those four, boosting salary another $3.3M. Base salary remains 8M. Still has two years left.

[Adam Schefter @AdamSchefter]

Packers are trading QB Brett Hundley to the Seattle Seahawks for a 2019 draft pick, per @RobDemovsky and me.

[bill hofheimer @bhofheimer_espn]

.@AdamSchefter covered @briangriese when he was the #Broncos starting QB. A great conversation here btwn the fellow @UMich alums on Adam's latest podcast: https://t.co/yUZ15f33X8

[Adam Schefter @AdamSchefter]

Jaguars leave Tuesday for Minnesota to spend week practicing with Vikings before playing them Saturday night. Neither Dante Fowler nor Jalen Ramsey making the trip.

[Adam Schefter @AdamSchefter]

Tonight’s action, preseason Week 1.

[Adam Schefter @AdamSchefter]

And so the last unsigned first-round pick is Bears’ LB Roquan Smith.

[Adam Schefter @AdamSchefter]

Colts’ RB Robert Turbin is being suspended four games for violating the NFL’s PED policy.

Here is his statement:

[Adam Schefter @AdamSchefter]

In addition to Jamaal Charles, former Ravens’ RB Terrance West scheduled to visit Saints on Wednesday, per source.

[NBA on ESPN @ESPNNBA]

25 years ago this month, we all knew what "Boomshakalaka" meant.

Happy #NBAJamDay!

[Adam Schefter @AdamSchefter]

One source on Chiefs and Rams finalizing a blockbuster trade for CB Marcus Peters: "This thing is going down today."