SPX pushed off Friday’s range lows and is now testing range highs.
A breakout above the range could set up a bullish move, or we may see a retreat back inside the range.

With overnight futures hinting at a potential gap higher, this week is off to an exciting start.

Meanwhile, I’m trading from Krakow, Poland—an enchanting city filled with history, beauty, and emotion.

Next week’s trading focuses on SPX’s well-defined sideways range.

With 4 key patterns unlocked, we’re eyeing range lows and highs for bullish reversals or bearish breakouts.
A “break-in” setup is also on the radar for moves back into the range.

Pulse bars will be the go-to signal for timing trades.

SPX finally moved south, forming a clear trading range defined by Bollinger Bands. With key levels at 6000 and 5970, bearish trades remain in play.

The SPX Income System adapts effortlessly, using range reversals and breakouts to generate steady profits.
I’m wrapping up my last bearish income swing before a well-earned break in Poland.

Bullish setups are still on the radar for year-end rallies – just waiting for the right entry signal.

While the S&P 500 (SPX) dithers in consolidation, the Dow (DJX) has delivered the bearish move we expected from SPX earlier this week.

Income trades are still hitting targets, showcasing the flexibility of the “SPX Income System.” Short-term bearish trades are nearing their conclusion, with SPX eyeing a potential dip to 6050 before bullish setups emerge.

Despite the market mismatch, the long-term bullish outlook remains intact.

The SPX market continues to deliver profits as anticipated, with three successful bearish trades pushing towards $6050.

With price dipping below this level, the next target could be $6000-$6020. This prior consolidation zone could spark a bullish swing setup.
$ADD remains middling, but a bearish extreme would confirm a potential reversal.

For now, bearish trades are rolling in profits while we wait for bullish opportunities to emerge.

SPX hit the anticipated $6,050 level after breaking last week’s trend line and filling a prior gap from December 4th-5th.

The bearish income trades performed well, delivering profits on the short-term swing. While a further push to $6,000-$6,020 is possible, the overall bullish bias remains intact.

I’m closely watching for reversals and new bullish entries as per the SPX Income System. For now, patience is key as I wait for additional exits and setups to unfold.