Ahoy there Trader! ⚓️
It’s Phil…
Important Question: Are you ready to trade smarter?
When you’re ready – Dive Deeper Into a Profitable Rules Based Trading System
This Proven 3-Step “10 min/Day” 6-Figure Unconventional Recession Proof SPX Income System Unlocks $500-$5,000+ Days FAST! …
SPX Deeper Dive Analysis:
After the festivities, markets are easing back into action before the New Year pause. SPX remains bullish, creeping into a prior trading range. This brings the range target of 6100 within reach—a mere 70 points away. The talking heads might yet get their Santa Rally headlines!
- Overnight Futures: Down ~20 points. Small gap-down likely at open.
- $ADD Movement: Pullback from bullish extremes could set the stage for a rally.
- Bullish Outlook: A push toward the range high aligns with the broader trend.
Meanwhile, I’ve been busy managing trades:
- Current Positions: Profit targets are being hit across my setups.
- Prior Range Reversal: Initially went south but has been effectively rolled. Duration extended, premium collected, and recovery underway.
- Butterfly Profits: Holiday trades have delivered in a big way, proving once again the resilience of the SPX Income System.
Looking ahead, the path to 6100 seems clear, with the potential for all-time highs still on the table. For now, it’s about patience, smart trade management, and enjoying the holiday glow.
Fun Fact
The S&P 500 has closed positive in 73% of Decembers since 1928. Historically, it’s one of the strongest months for equities, driven by optimism and year-end portfolio adjustments.
While December brings joy to traders, the trend also shows that markets often rally into year-end before taking a breather in January—a perfect reminder to plan both bullish opportunities and cautious exits.
Happy trading,
Phil
Less Brain More Gain
…and may your trades be smoother than a cashmere codpiece