After a volatile long weekend, SPX futures danced between gains and losses before settling slightly elevated.
With Trump 2.0 now official, could this be a classic “buy the rumour, sell the news” scenario?

Short-term bearish sentiment lingers, but key triggers at 6015 might signal the next move.
SPX remains in a wide range, and my trading focus balances bearish plays while hedging bullish potential.

Meanwhile, a venture into BTC ETF cash options could bring some exciting developments.

Donald Trump’s second inauguration has markets poised for potential volatility.

Key areas to watch include stock market movements, bond yields, and the US dollar’s strength.
Pro-business policies could boost market sentiment, but uncertainties around trade wars and tariffs loom large.
Bonds may see higher yields if inflation expectations rise, and global markets will focus on his trade stances with key partners like China.

Investors will closely monitor his inaugural address for policy clues and be ready for fluctuations.

Markets around Martin Luther King Jr. Day show a mixed pattern.
The Friday before tends to be positive, while the Tuesday after often opens weaker.
Midweek trading sees notable DJIA dips, especially on Wednesday and Thursday, likely influenced by MLK Day’s proximity to options expiration week.

Traders should be cautious, as this period has been historically volatile since 1999. In 2024, the holiday marks the 28th observance of Dr King’s legacy, a time to reflect on civil rights while navigating post-holiday market uncertainties.

Patience is key as trends solidify.

The Dotcom Bubble (1991–2002) saw tech valuations skyrocket on the back of hype and speculative investment.

Overvalued companies with weak fundamentals flourished, leading to massive market gains before crashing.
Causes included overvaluation, easy venture capital, and media-driven FOMO.

Lessons? Focus on business fundamentals, avoid speculative hype, and learn from history.

The SPX Tag ‘n Turn system thrives on back-and-forth price swings, perfect for the current well-defined range.

Despite recent widening volatility and evolving patterns, clarity is emerging. By shifting focus from Bollinger bands to range highs and lows, trading opportunities become clearer.

With less guesswork, the setup is primed for smoother, profitable trades.

The SPX continues to evolve its price patterns, shifting from a double bottom to a triple bottom, and now resembling a downsloping range.

Currently sitting at the 6000 range high with a base near 5800, the market invites range-bound trading opportunities.

Using the “Tag ‘n Turn” approach, I’m playing this range while keeping an eye on potential breakout scenarios.