• Bearish BWB trade triggered off Thursday’s Tag ‘n Turn setup.
• Entry slightly delayed for V-shaped confirmation after pulse bar appeared.
• This avoided a false breakout and aligned perfectly with system structure.
• Trade collected $7.95 credit, bought back at $0.50 after clean 40-pt move.
• Result: 93.6% ROC, no stress, no overmanagement.
• Week wraps with another win – plan executed, profits booked.
• Tag ‘n Turn completed – another profitable swing exit in the bag.
• Price hit upper Bollinger Band, rejected hard, and reversed sharply.
• A late V-shaped pattern formed intraday – aligned with the mechanical system level.
• System bias now flips bearish, with intraday reversal confirming direction.
• 5620 is GEX flip + key structural zone from Wednesday’s close.
• 5680 = resistance – possible high of the day if tested.
• Hedge levels are marked. Plan is live. Let the short bias print.
• Continued from yesterday’s bullish 5600 bias – minor bear setup dismissed.
• FOMC = non-event, no volatility surprise.
• Added to existing swing trade and took a B&B credit spread at BB lows.
• Price gapped up, held, and broke out clean to upper Bollinger Band.
• Trade exited post-lunch at $0.10 from $5.45 credit = 98.2% ROC.
• Structure held, system executed, result delivered.
• This was the plan in motion, from pinch to breakout.
• Bias remained bullish above 5600, despite noisy up‑down price chop.
• Post-FOMC tag of lower Bollinger Band confirms mechanical setup.
• Overnight futures +60pts validate our pre‑FOMC adjustment.
• Eyeing 5700 as key GEX level – breakout zone or opening fade risk.
• Already positioned via swings + B&B trades – no need to chase the open.
• Plan: watch for breakout or rejection, let the morning mess pass.
• Still haven’t seen yesterday’s perfect BWB post-FOMC win? Go read it.
• 5600 marked key support via GEX flip point + Bollinger tag.
• No bearish pulse bars → bullish-to-neutral bias confirmed.
• Broken wing butterfly placed with 1 DTE, collected $5.05 credit.
• Auto buy-back at $0.10 triggered post-FOMC.
• No adjustments. No stress. ROC = 98.1%.
• Another clean “bish bash bosh” execution of the plan.
• Lesson: Simplicity pays when setup, risk, and rules align.
• Mechanical tag‑n‑turn setup hit upper band, but bear pulse bars just appeared.
• Price is inches from the lower Bollinger Band, with a pinch now fully confirmed.
• 5600 is the line in the sand – bullish above, bearish on breakdown.
• New twist: broken wing butterflys being tested for more conservative risk.
• FOMC hits later today—if you’re unsure, sit it out.
• Market still grinding sideways, but theta decay is doing its job.
• Plan: wait for clarity around 5600, hedge with caution, and trade post-news if needed.
Monday saw no pulse bar setups – rare but not unheard of
UK markets were closed for the bank holiday, and frankly, good call
SPX spent the day churning sideways, adding no real structure
Bollinger Bands are compressing again – volatility tightening
5600 (support) and 5700 (resistance) are the key range zones
GEX positioning confirms these same levels
Small news events today may add fuel, but until something breaks:
Stay patient
Trade the levels
Let the income trades do their job
UK markets closed Monday – Phil’s off the screens
SPX Income System remains bullish, though bear setup is building
Current trades are in swing mode and near profitable targets
5700–5800 is key – GEX levels + chart resistance converge here
A reversal could fire if bearish pulse bars appear, but no turn yet
Until then, we sit on hands, sip coffee, and enjoy the method
No change to system bias – just preparing for the next move
...TLDR
Bullish pulse bar fired early, even with bearish Tag present
Took the mechanical setup, structured as 1-DTE broken wing butterfly
Entered mid-day, collected $5 premium ahead of NFP release
SPX gapped up and ran – exited for 80% of credit in a few hours
Still operating on bullish swing logic, but now watching for bearish Turn
Another strong system-led win, even amid news
Powered down for the week – system holds, profit booked
...Today is NFP Day – release hits before open
Overnight futures up ~35 pts, but not above yesterday’s high
System bias is still bullish – Tag in place, waiting on Turn
8 straight green days = some concern about retrace
Still no bearish setup confirmed – staying mechanical
Watching for pulse bar continuation or reversal
For now? Wait. Watch. Execute when triggered.
...