Mr SPXson just broke out – and the FinNuts newsroom is in chaos.
After weeks trapped in a range box, the SPX finally hits its breakout target. But will it hold… or slingshot back inside?
In today’s premarket breakdown, we walk you through the tag, the turn, and the great escape.
...Jim Cramer Just Hugged Bitcoin… Is It Time to Panic?
Bitcoin hits $120k and who shows up with open arms? That’s right – Cramer. The same man who once called Bear Stearns “fine” before it exploded. We’re not saying the top is in, but the SJIM ETF (yes, the inverse Cramer fund) once outperformed him… before it mysteriously vanished.
See how we’re trading the “Cramer Cuddle Collapse” while the rest of crypto cries into their cold wallets.
...SPX bounced off the Gamma Flip/Pinch Zone (6,290–6,275)
Still above range highs = continuation bias holds
Daily shows indecision – bearish + bullish rejections
ADD reading high but not euphoric; no blowoff yet
Futures firm but range still in play – 6,275+ must hold
Watch 6,290 for Bear break
...Trump allegedly shielding or slow-walking parts of the Epstein files under national security pretext. Everyone’s panicking about aliens, UFOs, and stablecoins-but the real monsters were on flight logs.
...SPX 30min shows a clear break back into the prior range (6290–6220)
That move invalidates the breakout pullback thesis for now
Potential early warning sign for the deeper sell-off we flagged weeks ago
Gamma Flip (6275) still holding as support – for now
Watching for intraday 0-DTE sniper entries around range retest zones
...SPX has officially broken out of the prior month-long range.
Price briefly backtested inside the range, but recovered quickly.
Futures already +20pts premarket – bullish continuation likely.
Tech earnings frenzy ahead, but it’s usually a lot of hot air.
Two-play setup: Range reversal vs Range breakout continuation.
We missed the last low? Some students nailed it. That counts.
...Block just gate-crashed the S&P 500, shares +7 %, index funds scrambling for 54 m shares. Fintech Twitter is moon-walking, I’m selling the excitement with the “Rebalance Ruckus Spread” (deep-OTM SPX strangle + wings/VIX hedge). It wins if the market simply doesn’t implode while trackers finish shopping. Full strike math in first comment, miss it at your own peril.
Disclaimer, edu-tainment, not advice.
Ever watched a company add New Zealand’s entire GDP before your latte cooled?
Nvidia just did-blasting through $4 TRILLION. And no, I’m not here to scream “bubble.”
I’m here to bet it tags $5 T before Thanksgiving and gets Wall St to buy me the turkey.
...This Week’s Wall of Wins Is Packed.
First-timers. Five-day streaks. $800 hauls.
SPX didn’t just trend – it paid those who followed the process.
Dive in and see how traders like Stephen, Daisy, Rene, and Chaim locked in their wins.
Steel-nerved traders only:
Tomorrow I’m tearing apart the “all-cash comfort blanket” that’s smothering returns across pro desks right now.
You’ll get a one-question quiz that reveals whether your sideline stance is prudence or paralysis-and I’ll walk through the Kryptonite Spread variant that milks panic-premiums while everyone else argues top-calling vs bottom-fishing. Miss the drop and you’ll still be polishing cash while volatility pays the guy next to you.
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