Trade built off inverted head and shoulders on daily chart
Pattern confirmed with breakout above neckline
Strategy: Longer duration income swing with wide profit zone
Held for 33 days, system flagged short-term exhaustion
Exited with 65% return on capital – zero panic, no chase
7000 projection still valid, but reentry will be tactical
Plan now: wait, reset, and reload when price offers the next edge
...Thursday’s bullish push into the 4th was short-lived
Futures reversed hard Sunday night, wiping out gains before the bell
System is now back in bearish mode
No hedging was added Thursday – waiting paid off
Long-term swing trade remains solid, likely ready to exit soon
No new trades planned – just light maintenance, watchlist, and reentry prep
Trader is taking a short break this week
...The week continues to unfold exactly as mapped on Monday’s group call
SPX has stalled under 6200 – no breakout, no breakdown, just drift
Divergences persist on BBW and %B as wedge forms and contracts
NFP drops in a few hours – followed by holiday-shortened trading
Expect a half-day of light volume and zero urgency
Theta remains the play – no adjustments required
...This swing was a reload trade – following a completed range reversal setup
Entry was based on the breakout continuation discussed in live AM briefings
The target = 6200 – measured move from range height added to breakout
BWB structure collected $7.50 credit
Trade exited at $0.30, returning 96% ROC
Minimal management required – only add-in watch during progression
...Monday’s expected sideways grind continues – SPX trapped under 6200
Bollinger Band Width contracts again -classic pre-move squeeze
A rising wedge is forming with visible loss of upside momentum
%B and BBW divergences confirm price inertia
ADD indicator approaching bullish extreme again -may signal exhaustion
The plan is playing out -theta is dripping, no directional trigger needed yet
...Monday matched our Fast Forward group call plan nearly tick-for-tick
Breakout target reached last week – now watching for momentum pause
6200 is the week’s GEX gravity anchor – expect chop or compression
New All-Time Highs (NATHs) typically trigger hesitation before true breakout
Quarter-end + holiday week + NFP Thursday = quiet drift ideal for premium selling
...The June 12-13 range finally broke, delivered a 4 percent thrust, and tapped our upside objective on Friday.
As price kissed that level, an upper Tag n Turn printed and Bollinger Bands began to contract.
History says month-end plus an imminent NFP number cuts volatility for one to three sessions.
We are neutral-leaning-not-bullish: expecting sideways drift, shrinking IV, and prime theta-decay income.
Surprise headlines – or whatever noise escapes Trump’s mouth – can jolt intraday, but the base case is pause then play.
Stick to mechanical setups, milk premium, and save gunpowder for Friday’s jobs report.
...Students crushed it this week. ROC setups triggered early, theta collected across the board, multiple zero day wins, and swing positions closed at the top. SPX kept momentum higher – patience paid.
...SPX continues higher after clean breakout from last week’s range
6180 remains the upside target (range height projection)
6060 still key for any bear case – no flips triggered yet
Bollinger Band width tightening = possible pause or range forming
Several overnight swings hit targets; new swing also initiated
Bias remains bullish into Friday unless structure breaks
System’s boring? Good. Boring is profitable.
...