Ahoy there Trader! ⚓️
It’s Phil…
The market may be meandering sideways, but the profits keep rolling in! This week’s SPX income trade highlights the power of patience, timing, and a solid setup. Let’s dive into the details and set our sights on what’s next!
This Proven 3-Step “10 min/Day” 6-Figure Unconventional Recession Proof SPX Income System Unlocks $500-$5,000+ Days FAST! …
Last Friday, we kicked off an SPX Income Swing trade using the trusted “Tag ‘n Turn” setup. The entry was slightly delayed, waiting for the upsloping trendline to break, ensuring the timing was just right.
Here’s how it unfolded:
- The Setup: A bearish income swing aligned with SPX’s movement.
- The Plan: Collect $3.00 in premium with minimal directional reliance.
- The Outcome: Seven days later, the trade closed at $0.30, producing a 90% gain.
Why did this work? Time decay (theta) played a major role, as SPX’s sideways movement didn’t challenge the trade idea. No big price moves were needed – just patience and a reliable strategy.
This concludes the bear swing trades, and all eyes are now on Monday for fresh setups. As always, it’s about letting the market come to you.
Fun Fact:
xxx
Happy trading,
Phil
Less Brain More Gain
…and may your trades be smoother than a cashmere codpiece