Wolfe Wave is still active and targeting 5000

SPX rejected 5400 again – bearish bias remains

A clean pulse bar + morning setup formed today near 5200

Expected premium: $3.00, with $0.30 target exit – a 90% ROC

Phil missed the day trade entry due to a hospital visit – but swings are still working

No FOMO needed – the system allows flexibility without chasing

GEX remains negative with 5250 as this week’s magnet

The day’s not over… and the Wolfe hasn’t hit its mark

TLDR – The Wolfe is Still Howling
Last week’s Wolfe Wave trade setup is still live

5000 remains the primary bear target – we’re halfway there

Income trades don’t need the full drop, but it’ll speed up exits

GEX remains negative – 5400 = resistance, 5250 = key gamma magnet

Bias = bearish under 5400

As always: wait for the setup, not the story

TLDR – Week Recap: Three Trades, Zero Losses

SPX gave us three perfect 0-DTE bear setups this week

All planned in advance, confirmed on calls, and executed with precision

Price clues > headline noise – we were short before the news hit

Wolfe Wave pattern + GEX + ADD = deadly combo

Thursday was OPEX + Easter break = no trade day

Bearish bias remains below 5400, eyes still on 5000 target

U.S. trade restrictions blamed for the move – but price action warned us first

We were already short before the news hit – chart patterns told the truth
Bearish bias remains under 5400, despite early signs of a Bull Tag ‘n Turn
5000 remains the Wolfe Wave target – still in play
GEX points to 5275 as the pin zone, especially into Friday
ADD still low, suggesting pause or bounce before next leg down

We’re watching for the next bear sub entry – timing it with ADD & GEX clues

SPX tagged 5400/5425 again – and rejected hard… again.

Yesterday’s trade: small day, big win – nailed another clean income swing.
GEX + ADD confirmed resistance, Tag ‘n Turn gave the green light.
Overnight futures dipped below the range – pressure building.
Bonus pattern spotted: possible Wolfe Wave, target near 5000.
I’m staying bearish below 5400, scanning for more bear setups.

5000 becomes the new level to assess a potential bounce… if the market gets there.

Trump’s tariff “exemption giveaway” triggered another gap-up… but SPX didn’t bite.

5400/5425 rejected again – textbook bearish fade from our pre-watched level.
GEX confirms resistance; ADD remains at bullish extreme, hinting more downside ahead.
Also forming: a rising wedge / consolidation – one of our 6 money-making patterns.
Short-dated expirations still preferred given overnight swing madness.
Futures are dead flat heading into the open – likely means more range, not relief.

Bottom line? Still bearish below 5400. Process > Panic.