SPX’s uptrend shows signs of breaking, with price testing $6080 for potential short-term bear swings.
A move above $6100 signals bullish opportunities. Short bearish dips may precede another bullish rally.
Eyes on $6080 for bear entries and $6100 for bull triggers—short-term trades align with these key levels.
...SPX continues its bullish uptrend as volatility declines, supported by tightening Bollinger Bands and $ADD nearing bearish extremes.
Seasonal trends hint at a possible early December dip before the year-end rally kicks in. Short-term income trades remain viable.
...After a brief break due to poor health, I’m back and catching up!
My latest income swing trades closed with impressive 98.4% and 67.1% returns.
A third trade with a January expiration is performing well. The market remains bullish into the year-end, and while bear swings are scarce, the outlook stays optimistic.
For now, I’m scouting new income swing entries while maintaining a bullish bias.
...Thanksgiving brings a quieter trading week with shortened market hours.
SPX remains in its established range, and my traders and I capitalized on a quick 0-DTE trade from the range high for pre-holiday profits.
The bullish bias persists, and income swings are benefitting from time decay without requiring directional moves. The Bollinger Bandwidth is nearing a new “pinch point,” but it aligns with the old range, reinforcing profitable discretion.
With limited action expected, the long weekend provides a well-earned break for traders.
...SPX remains locked in its prior range, with ES futures showing a rising range.
The next likely move is toward the lower boundary before any breakout. Friday’s “fix it” trade ended with a small net gain.
The bullish bias remains, with plans to capitalize on range lows and breakout highs. Bearish setups are expected to be short-lived.
...The S&P 500 (SPX) is flirting with new all-time highs, settling into a familiar trading range. I’m maintaining a bullish stance, I’m on the lookout for upward reversals and breakouts.
Current bullish income swings are nearing their target exits.
...