Monday kicked off with strong continuation from Friday’s move, bringing price right into the range low target, where it stalled and formed a clean V-shaped price action reaction.
Market Setup:
✅ Price reaction at the range low – V-shape confirmed
✅ No pulse bars yet, but the setup is forming
✅ Two possible scenarios from our 6 money-making patterns:
Bullish turn potential
Bearish breakout possibility
Both triggers are marked on the charts, waiting for the market to tip its hand.
Last week’s market action was full of twists, with SPX pushing through the bull trigger on Wednesday, flipping back through the hedge & bear trigger, and finally accelerating into Friday’s move.
Market Setup:
✅ SPX still inside a larger range, clearly visible on the daily chart
✅ 6000 is the next key level – range reversal or breakout?
✅ Overnight futures suggest a small bounce but no clear turn yet
✅ VIX is slightly elevated but still below 20 – no signs of an imminent crash
Right now, I remain bearish on my income swing, watching for either a bullish reversal or a clean downside breakout.
...The pre-market divergence was a flashing neon sign that something big was coming—and boy, did we get it!
Market Breakdown:
✅ SPX: -1.71%
✅ DJX: -1.7% ☠️
✅ NDX: -2.06% ⚡
✅ RUT: -2.94% (but in reverse)
The bull hedge printed profits, the bear swing is moving along beautifully, and even my fat-finger trade from earlier in February turned out to be a winner.
After weeks of mind-numbing stagnation, the market finally gave us some action—proving once again that a solid trade plan (and maybe a little luck) pays off.
...SPX continues to grind back and forth, confirming new ranges as quickly as it leaves the old ones. While other indexes have tumbled, the S&P clings on “by the bulls”, refusing to follow suit.
Current Market Setup:
✅ Bollinger Bands pinching again – signaling another tight range
✅ Other indexes are slipping, but SPX remains stubborn
✅ Waiting for a clean breakout instead of another fake move
For now, it’s another round of “hurry up and wait”, hoping the market loosens up soon.
...SPX has officially broken out, reaching new all-time highs, while other indexes like DJX and RUT continue to struggle.
Market Overview:
✅ SPX breakout is in motion, targeting 6270
✅ Hedge trigger set at 6100 in case the move fails
✅ Bollinger Bandwidth is too tight, making Tag ‘n Turn setups too fast
✅ Instead, I’m relying on my 6 money-making patterns until volatility expands
For now, we wait—but this is the good kind of waiting—waiting for a profitable move to play out.
...SPX is still stuck in limbo, and I’m waiting for the scenarios outlined earlier this week to play out. Patience is key—forcing trades leads to disaster.
Market Situation Right Now:
✅ No confirmed bullish or bearish entry just yet
✅ Price is stalling, but a move is coming
✅ Waiting for a clean trigger to jump in
While other traders panic and chase, I’m sitting back, letting the market come to me—because patience in trading = profit.
...