Markets are back in action after the long weekend, and I’m watching two key scenarios from the 6 money-making patterns.

Scenario #1 – The Breakout
✅ Friday teased a breakout, but prices meandered sideways
✅ I held off on a new bullish entry – waiting for a clearer signal

Scenario #2 – The Break-In (False Breakout)
✅ If price reverses back into the range, we could see a fakeout setup
✅ Think of it as a breakout failure, leading to an entry in the opposite direction

For now, I’m watching and waiting—tea in hand, biscuit in the other—until the market wakes up on Tuesday.

After what felt like an eternity of waiting, SPX has finally broken out of the range.
But the big question now—will we see a follow-through rally or another hard and fast Friday sell-off like we’ve seen in recent weeks?

Current Market Setup:
✅ SPX has popped out of the range
✅ Bear trades expire today—but didn’t quite hit the range lows
✅ Friday sell-offs have been common—but no guarantees today
✅ Next move? Either a fresh swing trade entry or a long romantic weekend

For now, we wait to see if history repeats itself with another Friday flush or if the market decides to finally hold gains.

SPX is compressing tighter than a coiled spring, leaving traders wondering when the breakout will come. From a commentary perspective, it’s dull. From a trading perspective, it’s a gold mine—as Theta decay continues to drip profits into our pockets.

Current Market Situation:
✅ Price is stuck in a tight range, waiting for a catalyst
✅ Overnight futures are offering no strong signals
✅ Despite the boredom, Theta decay is making the wait profitable

While we wait for the inevitable breakout, our positions keep generating income—no movement required.

SPX continues to meander sideways, but Theta decay is steadily putting pennies in our pockets. While many traders are frustrated by the lack of movement, we’re getting paid just for waiting—one of the key advantages of income trading.

Market Outlook Remains the Same:
✅ Expecting a move from the upper range to the lower range
✅ No need to force trades—we profit whether the market moves or not
✅ Patience is a position—let the trade work while Theta does its job

For now, we sit tight and collect until SPX decides its next move.

SPX remains firmly bearish after successfully managing the bullish positions to either profit or break-even.

Prices are meandering within the well-established range, and we’re now focused on a move from the upper range to the lower range, in line with our 6 money-making patterns.

Futures suggest a weaker open, down 20 points, which could push SPX toward the 5980 level.

Meanwhile, ADD has room to fall, leaving space for further downside if the indexes follow through.

For now, we wait—watching for an ideal exit and confirmation of a full-range move.