Premium Popper filtered with breakout pullback from Friday’s larger range structure
SPX flatlined for 50 minutes after entry – zero directional movement
Premium popped anyway – profitable exit triggered at 54.5% ROC
Futures traders with same setup got Sweet Fanny Adams – we got paid
Ranges still developing at upper boundaries – cat’s whisker from targets on both SPX and RUT
Bearish lean until/if we see confirmed breakouts – near isn’t through
FOMC Wednesday is the week’s main event – NFP moved to 16th Dec
Crude Oil sneaking out of its channel whilst everyone else grinds
Two classic ORB20 setups – both above 2 day VWAP for added directional bias bonus
Nice quick breaks – nice quick moves – textbook execution
No stress no fuss – fast move – fast profits
SPX 54.5% ROC + RUT 50% ROC = 104.5% combined – wish they were all like this
Russell Rocket this week – RUT leading charge while other indexes drag their collective feet
SPX grinds after breakout attempt – not yet pushed above breakout high – still awaiting
RUT completed BO PB setup – cat’s whisker from target 2542 – TnT back on table once met
NFP day today – may well change and change fast – pick your points wait for ideal entries
Late entry due to phone calls – but price resting below ORB20 so still valid
SPX remained underwater for hours – probably longest duration Premium Popper all year
Stop loss intact – theta decay doing its work whilst trade not moving right way
Option slowly collecting pennies – 56.5% ROC achieved – love getting paid even when wrong
Bull keeps wanting to bull – still more juice to squeeze pushing towards new ATHs
Breakouts confirmed on SPX and RUT – moved into range and popped out just as quick
Looking for pullback continuation – SPX target 6882, RUT target 2542
Bear bias OFF, bull bias ON, poppers back to each way – unemployment claims today, NFP Friday
Another great Premium Popper outcome – was intending to not trade much but this was A+ setup
RUT right off opening bell showed ideal footprint inside usual ORB20 setup
Fast directional move to exit – $12 profit at 54.5% ROC
Sometimes tempted to just wait for this setup and this setup alone
Groundhog Day vibes – nothing has changed – still at upper edge of range leaning bear
BB width pinch confirmed on both SPX and RUT – TnT swings on pause awaiting breakout
Yesterday’s Premium Poppers banked two wins despite messy price action
Market holding for Friday’s NFP – 10am news then plain sailing
Two Premium Popper wins: SPX 58.3% ROC ($12) and RUT 54.13% ROC ($10)
Key insight: Opening range was inside a larger multi-day consolidation
SPX failed breakout at larger range highs – used 6 money making patterns to scalp lower
RUT clearer – break through ORB lows traded the larger range reversal
Yesterday’s upper range hypothesis paid to be patient – bear filter on poppers avoided choppy conditions perfectly
Overnight futures held yesterday’s lows, little movement, nothing new – yesterday’s viewpoint holds into today
Crude Oil at upper range highs – bear moves make sense until breakout
BB width moved from widest (trend) to narrowest (range) – discretionary override on bulls confirmed correct