Wolfe Wave is still active and targeting 5000
SPX rejected 5400 again – bearish bias remains
A clean pulse bar + morning setup formed today near 5200
Expected premium: $3.00, with $0.30 target exit – a 90% ROC
Phil missed the day trade entry due to a hospital visit – but swings are still working
No FOMO needed – the system allows flexibility without chasing
GEX remains negative with 5250 as this week’s magnet
The day’s not over… and the Wolfe hasn’t hit its mark
...TLDR – The Wolfe is Still Howling
Last week’s Wolfe Wave trade setup is still live
5000 remains the primary bear target – we’re halfway there
Income trades don’t need the full drop, but it’ll speed up exits
GEX remains negative – 5400 = resistance, 5250 = key gamma magnet
Bias = bearish under 5400
As always: wait for the setup, not the story
...Wolfe Waves are 5-leg reversal patterns found in all markets and timeframes.
They provide a built-in price target line and an estimated time of arrival.
Bullish Wolfe = falling wedge. Bearish Wolfe = rising wedge.
Key rule: Wave 5 must overshoot the trendline from waves 1 to 3.
Look for symmetry, proportional waves, and a clean reversal at point 5.
Most traders mess this up by forcing the pattern or ignoring the setup rules.
Use Wolfe Waves for timed entries, precise targets, and swing reversal setups.
Fits seamlessly into our Tag ‘n Turn and SPX Income Swing strategies.
...TLDR: 2025’s Market Reversal Is No Ordinary Pullback
S&P 500 is down roughly -10% YTD (April 17)
All 11 sectors posted negative or flat returns, except staples and utilities
MAG7? Down bad: Tesla -35%, Apple -15%, Nvidia -15%, Microsoft -11%
In 2024, same time? SPX was +10%, 10 of 11 sectors were green
2025’s Trump 2.0 regime is spooking markets: tariffs, trade war, inflation fears
This April is eerily opposite to his first term: 2017 saw a quiet +5% climb
Seasonality suggests more chop ahead: May-August is usually weak
Defensive sectors are leading… historically a warning sign, not a buying signal
All signs point to short-term bear swings with selective bounces
...TLDR – Week Recap: Three Trades, Zero Losses
SPX gave us three perfect 0-DTE bear setups this week
All planned in advance, confirmed on calls, and executed with precision
Price clues > headline noise – we were short before the news hit
Wolfe Wave pattern + GEX + ADD = deadly combo
Thursday was OPEX + Easter break = no trade day
Bearish bias remains below 5400, eyes still on 5000 target
...U.S. trade restrictions blamed for the move – but price action warned us first
We were already short before the news hit – chart patterns told the truth
Bearish bias remains under 5400, despite early signs of a Bull Tag ‘n Turn
5000 remains the Wolfe Wave target – still in play
GEX points to 5275 as the pin zone, especially into Friday
ADD still low, suggesting pause or bounce before next leg down
We’re watching for the next bear sub entry – timing it with ADD & GEX clues
...SPX once again delivered a textbook 0-DTE bearish setup.
Entry came from Wednesday’s morning analysis – confirmed live in the Fast Forward Group.
Bias remained bearish below the 5400/5425 zone, with Wolfe Wave targeting 5000.
Trade dithered mid-morning… then roared south.
$3.00 premium collected, $0.30 exit hit early afternoon = 90% ROC.
That’s 3-for-3 on day trades this week with swings still on.
Bear profits flowing, corks popping soon.
SPX tagged 5400/5425 again – and rejected hard… again.
Yesterday’s trade: small day, big win – nailed another clean income swing.
GEX + ADD confirmed resistance, Tag ‘n Turn gave the green light.
Overnight futures dipped below the range – pressure building.
Bonus pattern spotted: possible Wolfe Wave, target near 5000.
I’m staying bearish below 5400, scanning for more bear setups.
5000 becomes the new level to assess a potential bounce… if the market gets there.
...Today’s SPX trade was almost a mirror image of yesterday’s.
Price stalled again at the 5425 GEX Flip – just as mapped in the morning analysis.
Trade was taken live during a 1-to-1 training call – real-time execution, real structure.
Same structure: 0DTE bear spread, premium collected = $3.00, buyback at $0.30.
Exit hit early afternoon – another 90% return, clean and simple.
If you didn’t catch it… let’s talk about why.
...Trump’s tariff “exemption giveaway” triggered another gap-up… but SPX didn’t bite.
5400/5425 rejected again – textbook bearish fade from our pre-watched level.
GEX confirms resistance; ADD remains at bullish extreme, hinting more downside ahead.
Also forming: a rising wedge / consolidation – one of our 6 money-making patterns.
Short-dated expirations still preferred given overnight swing madness.
Futures are dead flat heading into the open – likely means more range, not relief.
Bottom line? Still bearish below 5400. Process > Panic.
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