SPX continues to grind back and forth, confirming new ranges as quickly as it leaves the old ones. While other indexes have tumbled, the S&P clings on “by the bulls”, refusing to follow suit.
Current Market Setup:
✅ Bollinger Bands pinching again – signaling another tight range
✅ Other indexes are slipping, but SPX remains stubborn
✅ Waiting for a clean breakout instead of another fake move
For now, it’s another round of “hurry up and wait”, hoping the market loosens up soon.
...This quick swing trade on AAPL was a textbook range breakout setup—straight from our 6 money-making patterns.
Trade Breakdown:
✅ AAPL broke above range highs, confirmed with a 60-min pullback
✅ Target: The height of the range = $10 move
✅ Executed with a long call option
✅ Bought for $13.60, closed at $19.25 in 6 days
✅ Final profit: 41.2% gain
A straightforward trade—breakout, pullback, profit. No stress, no drama, just following the system and letting the trade play out.
...SPX has officially broken out, reaching new all-time highs, while other indexes like DJX and RUT continue to struggle.
Market Overview:
✅ SPX breakout is in motion, targeting 6270
✅ Hedge trigger set at 6100 in case the move fails
✅ Bollinger Bandwidth is too tight, making Tag ‘n Turn setups too fast
✅ Instead, I’m relying on my 6 money-making patterns until volatility expands
For now, we wait—but this is the good kind of waiting—waiting for a profitable move to play out.
...SPX is still stuck in limbo, and I’m waiting for the scenarios outlined earlier this week to play out. Patience is key—forcing trades leads to disaster.
Market Situation Right Now:
✅ No confirmed bullish or bearish entry just yet
✅ Price is stalling, but a move is coming
✅ Waiting for a clean trigger to jump in
While other traders panic and chase, I’m sitting back, letting the market come to me—because patience in trading = profit.
...Markets are back in action after the long weekend, and I’m watching two key scenarios from the 6 money-making patterns.
Scenario #1 – The Breakout
✅ Friday teased a breakout, but prices meandered sideways
✅ I held off on a new bullish entry – waiting for a clearer signal
Scenario #2 – The Break-In (False Breakout)
✅ If price reverses back into the range, we could see a fakeout setup
✅ Think of it as a breakout failure, leading to an entry in the opposite direction
For now, I’m watching and waiting—tea in hand, biscuit in the other—until the market wakes up on Tuesday.
...After what felt like an eternity of waiting, SPX has finally broken out of the range.
But the big question now—will we see a follow-through rally or another hard and fast Friday sell-off like we’ve seen in recent weeks?
Current Market Setup:
✅ SPX has popped out of the range
✅ Bear trades expire today—but didn’t quite hit the range lows
✅ Friday sell-offs have been common—but no guarantees today
✅ Next move? Either a fresh swing trade entry or a long romantic weekend
For now, we wait to see if history repeats itself with another Friday flush or if the market decides to finally hold gains.
...SPX is compressing tighter than a coiled spring, leaving traders wondering when the breakout will come. From a commentary perspective, it’s dull. From a trading perspective, it’s a gold mine—as Theta decay continues to drip profits into our pockets.
Current Market Situation:
✅ Price is stuck in a tight range, waiting for a catalyst
✅ Overnight futures are offering no strong signals
✅ Despite the boredom, Theta decay is making the wait profitable
While we wait for the inevitable breakout, our positions keep generating income—no movement required.
...SPX continues to meander sideways, but Theta decay is steadily putting pennies in our pockets. While many traders are frustrated by the lack of movement, we’re getting paid just for waiting—one of the key advantages of income trading.
Market Outlook Remains the Same:
✅ Expecting a move from the upper range to the lower range
✅ No need to force trades—we profit whether the market moves or not
✅ Patience is a position—let the trade work while Theta does its job
For now, we sit tight and collect until SPX decides its next move.
...SPX remains firmly bearish after successfully managing the bullish positions to either profit or break-even.
Prices are meandering within the well-established range, and we’re now focused on a move from the upper range to the lower range, in line with our 6 money-making patterns.
Futures suggest a weaker open, down 20 points, which could push SPX toward the 5980 level.
Meanwhile, ADD has room to fall, leaving space for further downside if the indexes follow through.
For now, we wait—watching for an ideal exit and confirmation of a full-range move.
...Not all trades go exactly to plan, but that doesn’t mean they have to be losers. The latest bullish move played out as expected, but the turnaround setup happened quickly, limiting my ability to close my positions at break-even or better.
Instead of taking an immediate loss, I deployed a bearish trade while managing the existing positions. By Monday, I was able to close out profitably, collecting gains of 58.8%, 9.6%, and 11.5% on three trades.
Key Takeaway? Unlike futures or long calls/puts, income trading allows flexibility—I only needed price to move 1 cent past my short strike to hit maximum gains. That’s why this system is a game-changer.
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