Friday Setup: Bullish Outside Bar Confirms Week-Long Strength

One Setup a Day = Another Week of Wins

Ahoy there, Trader! ‍‍⚓️

It’s Phil…

And somehow, it’s Friday again.

This week proved, yet again, that when you reduce noise and let the system breathe – good things happen. We stepped aside from the flip-flop crowd, ignored the intraday noise, and followed a single trade idea per day. That rhythm delivered – with two profitable overnight swings and zero losses on the books.

By avoiding prediction and focusing on position, we let the setup tell the story – and today’s setup looks strong.


⬇️⬇️⬇️ – keep scrolling for more in-depth analysis – ⬇️⬇️⬇️


SPX Pulse Bars Don’t Lie. They Just Pay.

Top 5% candles = predictable edge. Learn it. Use it. Profit.


SPX Market Briefing

As we head into today’s session, we’re expecting yesterday’s overnight income swings to conclude profitably once again – continuing the run of mechanical wins we’ve stacked all month.

Technically, the Bollinger Bands have begun to pinch, confirming visually what we’ve known from experience – the market is consolidating. This squeeze now gives us a clean bear trigger zone: if we break below the current range, it could signal the end of this strong move higher.

But until that happens, we’re still leaning bullish.

Especially today – because we got exactly what we speculated on yesterday: a bullish outside bar. That’s a strong show of intent. Combine that with it being Friday, and we may well close the week with strength and momentum heading into the weekend.

As always – stick to the system. Setups only. Walk away. Let price prove itself.

SPX 16 May 2025


GEX Analysis Update

  • 5900 may pin

GEX 16 May 2025


Expert Insights:

Mistake: Overcomplicating Friday setups.
Many traders feel pressure to “make back the week” on Fridays, often leading to revenge trades or oversized positions.

Fix: Trust the work you’ve already done.
When the system’s working – like this week – Friday becomes just another brick in the wall. Don’t chase, don’t force. Let the final setup come to you, just like any other day. One trade, walk away.

ExpIn 16 May 2025


Rumour Has It…

“Options Expiry Priest Declares Friday a Day of Cleansing”

In what is now being called a “monthly ritual,” a robed figure appeared outside the CBOE chanting “May the premium be with you.” One trader claimed the priest “looked like VIX if it had a beard.”

Market participants watched in awe as the SPX obediently formed a textbook outside bar shortly after. The priest reportedly disappeared in a puff of theta.

Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?

Market satire showing spiritual intervention during options expiry.


Fun Fact

What Does a Bollinger Band Pinch Actually Mean?

When the upper and lower bands narrow, it’s a visual cue that volatility has contracted – often a prelude to expansion. In our case, we already saw signs of this developing earlier in the week.

Today’s pinch validates the tight range we’ve been trading in and gives clear levels for breakout traders:

  • A move above the range = continuation

  • A move below = new bearish trigger

Until then, sit tight. Compression precedes expansion – and we’re almost there.

What Does a Bollinger Band Pinch Actually Mean?

Meme of the Day

“Y’all just saw it. I traded it yesterday.”

Chaotic trading floor contrasts with one calm trader lounging in a hammock between entry and exit bars.


Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece

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