Profit Without Big Moves: Here’s How | SPX Market Analysis 9th Dec 2024

Ahoy there Trader! ‍‍⚓️

It’s Phil…

Another week, another profitable trade! Friday’s SPX bearish setup delivered a quick and satisfying 90.3% return. Let’s dive into the details of how small movements can lead to big wins with the right income strategies.


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Friday’s trade unfolded exactly as planned. Using the SPX Tag ‘n Turn bearish setup, I waited for the established uptrend line to break—a critical step to ensure a high-probability trade.

Here’s how it played out:

  • $3.10 premium was collected on the setup.
  • This morning’s small SPX dip of just $20 sealed the deal.
  • Position closed at $0.30, delivering a 90.3% return.

This trade is a shining example of how income trading doesn’t require wild market swings. Even modest moves, when timed with precision, can produce impressive profits.

Key Takeaways:

  • Patience pays: Waiting for confirmation like the uptrend break is crucial.
  • Small moves, big impact: Just $20 in movement turned this trade into a winner.
  • System wins: Income strategies like SPX Tag ‘n Turn deliver consistent results.

Another notch in the belt for income trading—where strategy and patience combine to create reliable profits!


Fun Fact:

December’s market movements often lead to the famous “Santa Claus Rally.” This pattern sees stocks rising in the final week of December, bringing holiday cheer to traders.

The “Santa Claus Rally” isn’t just a holiday myth. Historically, the S&P 500 has averaged a 1.3% gain during the last five trading days of December and the first two of January. Many attribute this to optimism, holiday spending, and institutional investors wrapping up their books. It’s a great seasonal pattern to watch—and trade!


Happy trading,

Phil

Less Brain More Gain

…and may your trades be smoother than a cashmere codpiece

 


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