The bear swing is still running smoothly, and we’ve already cashed out on the first tranches of SPX and NDX income swings.

Current Market Setup:
✅ Price making lower highs & lower lows – bearish trend still intact
✅ VIX remains under 20 – no crash signals yet, but downside isn’t over
✅ SPX breakout target: 5820 – still room to move lower
✅ NDX has blasted past multiple targets from our Fast Forward Mentoring Call

I’ll be watching for price to climb above 5970 and form a V-pattern back into the prior range before flipping to bullish trades. That said, I’m taking a conservative approach this week since I’m heading off for a surprise trip to The Lakes for some hiking—so minimal trade adjustments while I’m off the grid!

Monday kicked off with strong continuation from Friday’s move, bringing price right into the range low target, where it stalled and formed a clean V-shaped price action reaction.

Market Setup:
✅ Price reaction at the range low – V-shape confirmed
✅ No pulse bars yet, but the setup is forming
✅ Two possible scenarios from our 6 money-making patterns:

Bullish turn potential
Bearish breakout possibility
Both triggers are marked on the charts, waiting for the market to tip its hand.

Last week’s market action was full of twists, with SPX pushing through the bull trigger on Wednesday, flipping back through the hedge & bear trigger, and finally accelerating into Friday’s move.

Market Setup:
✅ SPX still inside a larger range, clearly visible on the daily chart
✅ 6000 is the next key level – range reversal or breakout?
✅ Overnight futures suggest a small bounce but no clear turn yet
✅ VIX is slightly elevated but still below 20 – no signs of an imminent crash

Right now, I remain bearish on my income swing, watching for either a bullish reversal or a clean downside breakout.