Tuesday was Juneteenth – markets closed, but futures dropped 55 pts
Oil also dipped on renewed conflict in the Middle East
SPX has been compressing for nearly two weeks – no breakout yet
Bullish setups? Not quite. Hedge-worthy? Still no.
Another quiet Friday incoming unless volatility returns
I’ll be watching from a retail outlet… reluctantly
...Tuesday dropped price into my “No Trade Zone” – no action taken
I remain bullish – just not rushing in blindly
We’re sitting near the lower Bollinger Band again
No fresh pulse bars, no new setups
Futures are up slightly overnight – but not signaling anything meaningful
Back to waiting for something tradable
...Monday had no pulse bar under the 5% rule = no trade
Coming off a break? The urge to trade is real – resist it
Having a system means knowing when not to trade
Story: My first full-time trade took 2 months to appear
Yes, I’m bullish – but I’m still waiting for the next setup
Patience is the real trade skill most never develop
...Phil’s back in the UK and ready to roll – sunburn soothed, system sharp.
Last Friday’s session rewarded patience. Bullish swing remained open.
No new trades were needed, and doing nothing (again) got paid by theta.
One-trade-per-day rule and clear triggers kept emotion out of Friday’s close.
Tag ’n Turn held strong, and a divergence between cash and futures hinted at further strength.
Overnight futures up 80+ points premarket – reversing Friday’s drop.
Staying bullish into Monday with exits possible at the bell.
...Bullish breakout failed – price broke back below 5940
A bear setup has now developed: Break-in + pullback
Bear entry trigger = break of 5920
NFP due out shortly before open, futures up 25 overnight
Ignore the headlines – follow the price and rules
Tesla down 14% after Trump’s “bow shot” tweetstorm
...Unemployment claims today, NFP tomorrow – but we don’t care
System doesn’t rely on forecasts, only confirmed price
Bullish breakout bias remains intact
Bearish shift only if we break below 5940
No early trade management – wait for Tag n Turn
Yes, this is Blockbuster-era certified: “Be kind, rewind”
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