TLDR – The Market Said One Thing, Price Said Another
Post-news tariff gossip sent headlines spinning
Price action rejected 5400 – again
Despite a bullish lean at the open, the setup turned bearish intraday
No bear pulse bar yet, but a clean V-shape suggests reversal
ADD sits near bull exhaustion – favouring bear continuation
GEX flip at 5300 now key – holding below strengthens the bear case
Still watching for that move to 5000 – and will reassess past GEX flip
... TLDR – Bear Setup Amid Bull Shift
Market gapped up and broke through 5400
Initial plan: flip to bullish bias as outlined in morning prep
Around 60 mins into the session, GEX and ADD triggered caution
GEX resistance at 5450 + ADD at bullish extreme = bearish potential
Bearish tag ’n turn confirmed short entry at ~5455
Premium collected: $3.00, exit at $0.40 for 86.7% ROC
0-DTE day trade – no swing position due to unfolding bull scenario
The system paid… even during dinner
...Bull Surprise, Bias Flipped
Trump signals tariff softening and Fed support – markets surged overnight
SPX futures gapped past our long-standing 5400 resistance line
Bias flips bullish now that the “line in the sand” has been breached
Wolfe Wave structure failing – invalidation level triggered
This may be the higher low pattern discussed in recent weeks
Cash open expected to challenge the 5400+ zone for confirmation
Watch for V-shape, 123 reversal, or head & shoulder pattern development
Bear swing was great – but the bull may now hold the ball
... TLDR – Monday Follow Through, Eyes on 5200
Monday gapped down and continued the Wolfe Wave swing
Missed the 0-DTE entry due to real-life priorities – swing trades still paid
Still bearish below 5400, watching for entries near 5200
Will consider bull trades above 5400, or reversal near 5000 WW target
GEX now spiking – 5100 = key level of the week so far
As always, looking for bear pulse bars and bearish tag ’n turn triggers for entry
...Most income traders still follow the “safe” approach: 30-delta spreads, 45-day expiry
One new student was shocked when I showed him my ATM same-day premium strategy
He realised he was risking dollars to make dimes – and one trade could wipe out months of work
My system flipped everything: faster income, more control, less time risk
He joined my top mentorship on the spot. Here’s why.
...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
...