Market’s been nearly frozen this week due to low news and month-end flows.
Tuesday gave us one bullish pulse bar – clean profit locked in.
Compression continues – Bollinger Bands are in full pinch mode.
Watching for bullish breakout above range today.
Economic news is light, but could add spark:
8:15am – ADP Jobs
8:30am – GDP & Employment Cost Index
10:00am – Core PCE
Bigger swing target: 6106
A dip to 5400 still holds within bullish structure.
Pulse bar setups + range breaks = game plan.
...We’re still officially bullish, but market moves are coiling tighter.
Bollinger Band width is pinching again – compression is back.
30-min chart shows a tight angled consolidation.
Expect range-bound ping-pong moves until a breakout.
Pulse bars off range highs/lows = play the bounce.
A range break may flip the thesis to bearish.
Earnings + tariff chatter could jolt the range.
Until then: trade what we see, when we see it – nothing more.
...Came in bullish – mechanical system fired a bearish pulse bar after first bar.
Mechanical “Tag ‘n Turn” setup confirmed on 10-min too.
Bullish exit level from morning analysis flipped into bull swing – bonus talk later.
Got positive slippage – an extra 10¢ credit ($3.10 total).
Exit hit around lunch while enjoying some Downton Abbey reruns.
Another clean system trade – textbook mechanical profit.
...New bullish direction setting up for the week.
Monthly chart to close with a big rejection candle.
Market moves will still be rough – expect swings.
GEX flipping net positive hints at short-term stability.
Rising channel breakout confirms daily 123 reversal pattern.
Bullish bias on – active breakout phase underway.
...⚡ TLDR (Too Lazy Didn’t Read)
Friday’s headlines hailed a global rally on “easing trade tensions” with China.
But the real confirmation came from the SPX V-shaped daily reversal, now active.
6106 is the projected target – aligning perfectly with the prior range high zone.
5400 remains the benchmark line for any future hesitation.
Phil’s personal charts? Decluttered and re-focused after two months of bias creep.
The bear teased on Wednesday — but the reversal setup now buries it.
(Still…) TLDR: If this holds, it’s bull mode until it isn’t.
...TLDR – The Market Said One Thing, Price Said Another
Media headlines blamed market confusion on Fed drama and trade policy flip-flops.
SPX opened strong but gave us a fast flip to bearish setups right after the bell.
5400 held firm — clean rejection seen on the daily.
GEX flip at 5300 now acting as bear/bull battleground.
No bear pulse bar (yet), but a sharp v-shaped reversal emerged after the open.
ADD Index stayed stuck in bull exhaustion zone — not bullish, not safe.
Bottom line: price action > press releases. The system showed the turn. We followed it.
...