Bulls Still in Control as Data Week Rolls On
Ahoy there, Trader! ⚓️
It’s Phil…
Thursday brings the usual unemployment claims data, and Friday’s our classic first-week-of-the-month heavyweight: NFP.
And at the risk of sounding like a broken record – or a skipping CD… or maybe a buffering stream, to stay relevant – I don’t care.
Not even a little bit.
⬇️⬇️⬇️ – keep scrolling for more in-depth analysis – ⬇️⬇️⬇️
One Chart. One Setup. Daily SPX Income Locked In.
No indicators. No guesswork. Just pulse bar profits on repeat.
SPX Market Briefing
Because the system doesn’t run on economic narratives.
It doesn’t run on expectations.
It runs on price.
Every mechanical system I’ve built was developed without needing to know how the market might react to any single number.
That means our only job is to watch the chart and react when the system says go.
And as of this morning?
✅ Bias remains bullish
❌ Bearish setup doesn’t trigger unless we break below 5940 and re-enter the range
That gives the current breakout a fair chance to stretch out and do its thing – without prematurely managing a new Tag n Turn setup before it’s ready.
In short:
We’re bullish until we’re bearish.
We don’t second-guess breakout logic.
“Please be kind and rewind.”
(And yes, I did work at Blocky back in the day.)
Expert Insights:
Mistake: Letting the News Dictate Your Trade
News moves fast.
Your brain doesn’t.
By the time you interpret what just happened, the chart has already told a better story.
The smarter move? Trade what you see, not what you think you’re supposed to fear.
Rumour Has It…
SPX was spotted at a vintage electronics store trying to rent “The Big Short” on VHS.
When asked why, it replied:
“Sometimes I just miss the classics – like breakouts with no overthinking.”
This is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
Fun Fact
The phrase “be kind, rewind” wasn’t just about courtesy – it was about starting clean.
Just like today.
New setup. New session. No leftover baggage from yesterday’s chart.
Meme of the Day
“Bullish until bearish. And no, the jobs report doesn’t count.”
Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece
p.s. There are 3 ways I can help you…
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