I opened a bear swing trade around 20th March.
It immediately went against me by 100+ points.
No chance to hedge, so I left it alone – mentally written off.
I kept the exit order live anyway (as always).
Then Monday happened: gap down triggered my target.
Closed for a 90% win – $3.00 premium in, $0.30 exit.
Moral of the story? Don’t babysit every setup.
Stick to the plan. It ain’t over ‘til it’s over.
Last Friday’s sell-off flipped my bullish bias to bearish – again.
The market broke below the bear hedge trigger, confirming a larger bear flag.
My new bear swing target sits at 5140, with 5700 as the pattern failure.
Overnight futures dropped nearly 1% – not a bullish look.
Gamma Exposure (GEX) is heavy on puts – expect accelerated downside through 5555.
This setup is eerily similar to 2022’s bear leg – and we may be repeating history.
I’m staying bearish through 5500 unless something drastic changes.
...SPX continues to meander around the 5700 zone.
5700 is acting as support, GEX flip point, and prior range high.
Bollinger Bands now confirm a pinch point setup.
First bullish swing trade triggered after pulse bars at expected level.
Bear swing trigger sits around 5675, just under Thursday’s low.
Expect more sideways slop until a breakout or breakdown unfolds.
“Scratchier than usual” price action this week – but the plan remains solid.
Fast Forward members were prepped live for this exact moment.
...Still no fresh trade for Thursday – and that’s fine.
SPX is meandering just under the range high near 5700.
We’re waiting for bear pulse bars below 5700 or bull pulse bars above 5720 to confirm direction.
GEX levels suggest 5700 remains the battleground – expect reactions.
Patience is key – the setup is nearly there, but not quite.
Futures (ES) offer a clearer picture with overnight price action in play.
Still bullish bias above 5700, but the bears haven’t packed up yet.
...Gamma Exposure (GEX) is a hidden force in the options market that can either calm price swings or unleash volatility. In this article, we break down how traders interpret GEX, why it matters for SPX setups, and how to spot where the market might pin, rip, or flip based on dealer hedging behaviour. Whether you’re selling premium or hunting momentum, understanding GEX gives you a serious edge.
...⚡ TLDR – What You Need to Know
Credit spreads = income trades using SPX options
You risk less than you can make – with fixed loss limits
Use the Pulse Bar to know exactly when to place trades
Ideal for zero-day options and cash-settled SPX
Follow a rule-based checklist: no second guessing
You’ll trade in 2–3 minutes a day, max
SPX tagged the upper Bollinger Band, but there’s been no pulse bar confirmation of a turn – yet.
This means directional conviction is still absent and we’re in pause mode.
No new entries for now – still waiting for either:
A confirmed bullish continuation above 5700, or
A bearish reversal and drop back below 5700.
Patience remains the best trade in these conditions – and the decision to wait for a cleaner entry zone is proving itself yet again.
...Monday brought a key shift – bearish structure flipped to bullish.
A textbook breakout-pullback setup has formed on the 30-min chart, and a daily reversal is pushing us back into the range.
Last week’s bear trades were not rolled, which now looks like a sharp move in hindsight.
During the Fast Forward Mentorship Call, we analysed the GEX flip and intraday call wall, suggesting 5765 could cap the day’s high.
That led me to delay my bull swing entry, hoping for a better pullback level before loading up.
Bullish bias now active, but entries still require precision.
...SPX gapped higher overnight, but landed back at the 5700/5720 call wall.
Bollinger Band pinch confirms tight, sideways market chop.
No change to my bull/bear trigger levels – still waiting for a clean breakout-pullback.
Let the last of my bear swings expire after Friday’s rally messed the setup.
Could’ve rolled them – but sometimes it’s smarter to clear the deck.
This week’s priority? Wait. Don’t rush. Don’t force. Execute only when it’s right.
...SPX is still consolidating—weekly chart shows a narrow range bar.
Boundary levels were adjusted again (sigh), but bull/bear triggers remain unchanged.
A new Bollinger Band pinch suggests tight consolidation continues.
I’m still leaning bearish, with 5600 as a key level to close some open swing trades.
No new setups fired, and the dodge on Monday saved me from a premature bull entry.
No need to force trades—hurry up and wait is the plan.
Same rules: Bullish above 5705, bearish below 5605.
Coffee’s hot, charts are quiet. Onwards.
...