Next week’s trading focuses on SPX’s well-defined sideways range.
With 4 key patterns unlocked, we’re eyeing range lows and highs for bullish reversals or bearish breakouts.
A “break-in” setup is also on the radar for moves back into the range.
Pulse bars will be the go-to signal for timing trades.
...This past Wednesday’s live mentorship call saw us analyze SPX’s bearish potential following key news.
While the initial SPX trade was challenging, managing the position eventually led to profits.
Meanwhile, the Dow delivered a seamless bearish move.
Unable to trade $DJX directly due to liquidity issues, I shorted /YM futures for a stunning 436-point profit.
The lesson? The right market can make all the difference. It’s not just about timing but adapting to opportunities!
...This week’s SPX income trade, based on the “Tag ‘n Turn” setup, delivered a stellar 90% profit over 7 days.
Using time as an ally, the trade required minimal movement for maximum gains. With bear swings wrapped up, new opportunities await next week!
...Sometimes trades get tricky, like this week’s Opening Range Reversal.
The initial SPX 0-DTE trade was challenged and required creative management.
By letting the first trade expire and rolling into a second trade with adjusted size and duration, the position ultimately turned a loss into a profit. The result? A profitable end to a dull, sideways week – all thanks to strategic patience and the SPX Income System.
...SPX finally moved south, forming a clear trading range defined by Bollinger Bands. With key levels at 6000 and 5970, bearish trades remain in play.
The SPX Income System adapts effortlessly, using range reversals and breakouts to generate steady profits.
I’m wrapping up my last bearish income swing before a well-earned break in Poland.
Bullish setups are still on the radar for year-end rallies – just waiting for the right entry signal.
...While the S&P 500 (SPX) dithers in consolidation, the Dow (DJX) has delivered the bearish move we expected from SPX earlier this week.
Income trades are still hitting targets, showcasing the flexibility of the “SPX Income System.” Short-term bearish trades are nearing their conclusion, with SPX eyeing a potential dip to 6050 before bullish setups emerge.
Despite the market mismatch, the long-term bullish outlook remains intact.
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