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.
...TLDR:
Stripped charts to pure Tag n Turn mechanical structure
Bullish setup triggered just after open on 30 April
Executed a 1-DTE broken wing butterfly, OTM, collected $5.00
Exited next morning on rally for $0.10 debit – net 98% ROC
Strategy offered ample wiggle room – trade would’ve survived a 100-point drop
A reminder that simple + mechanical still outperforms
Viva the income trade. Viva the process.
...Bounce off lower Bollinger Band (Tag), followed by bullish pulse bars (Turn)
Now testing upper Bollinger Band – mechanical setup completing the loop
Band width remains compressed – breakout not confirmed yet
Frankenstein market = Frankenstein laptop
Staying bullish, but waiting for clean pulse bars or breakout confirmation
Reminder: Simplicity wins – trade the setup, not the stress
...TLDR
30-min bear pulse bar setup triggered at open
Executed a 0-DTE option trade: $3 credit / $2 risk
Price reversed, forming a new bullish Tag n Turn swing
Bear day trade = max loss
Swing setup = small profit
Net result = system still profitable
No mistakes made – just part of the mechanical edge
Process over outcome – and this trade affirms it
...Market’s been nearly frozen this week due to low news and month-end flows.
Tuesday gave us one bullish pulse bar – clean profit locked in.
Compression continues – Bollinger Bands are in full pinch mode.
Watching for bullish breakout above range today.
Economic news is light, but could add spark:
8:15am – ADP Jobs
8:30am – GDP & Employment Cost Index
10:00am – Core PCE
Bigger swing target: 6106
A dip to 5400 still holds within bullish structure.
Pulse bar setups + range breaks = game plan.
...We’re still officially bullish, but market moves are coiling tighter.
Bollinger Band width is pinching again – compression is back.
30-min chart shows a tight angled consolidation.
Expect range-bound ping-pong moves until a breakout.
Pulse bars off range highs/lows = play the bounce.
A range break may flip the thesis to bearish.
Earnings + tariff chatter could jolt the range.
Until then: trade what we see, when we see it – nothing more.
...Came in bullish – mechanical system fired a bearish pulse bar after first bar.
Mechanical “Tag ‘n Turn” setup confirmed on 10-min too.
Bullish exit level from morning analysis flipped into bull swing – bonus talk later.
Got positive slippage – an extra 10¢ credit ($3.10 total).
Exit hit around lunch while enjoying some Downton Abbey reruns.
Another clean system trade – textbook mechanical profit.
...New bullish direction setting up for the week.
Monthly chart to close with a big rejection candle.
Market moves will still be rough – expect swings.
GEX flipping net positive hints at short-term stability.
Rising channel breakout confirms daily 123 reversal pattern.
Bullish bias on – active breakout phase underway.
...⚡ TLDR (Too Lazy Didn’t Read)
Friday’s headlines hailed a global rally on “easing trade tensions” with China.
But the real confirmation came from the SPX V-shaped daily reversal, now active.
6106 is the projected target – aligning perfectly with the prior range high zone.
5400 remains the benchmark line for any future hesitation.
Phil’s personal charts? Decluttered and re-focused after two months of bias creep.
The bear teased on Wednesday — but the reversal setup now buries it.
(Still…) TLDR: If this holds, it’s bull mode until it isn’t.
...