Phil Newton

Ahoy there Trader! ‍‍⚓️ It’s Phil… 🎂🎉 SPX is tightening up, and the Bollinger Bands are doing their best impression of a boa constrictor. Price is stuck in one of the narrowest ranges in weeks, meaning a breakout is coming… but not just yet. So, what’s the plan? Pause the Tag ‘n Turn, pivot to […]

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX is setting up for another inside bar battle—yesterday’s price action played out like a scripted drama, with a push higher before fading into the FOMC event. Now, we’re seeing a similar setup unfolding, making today’s session a potential repeat performance. The big question: Will we get another pop

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX is at an inflection point. Will it rip higher or take a dive? We’ve just rolled into the notorious Feb/Mar correction season, and I can’t help but notice a Bollinger Band W-Bottom potentially setting up on the daily chart. We saw something eerily similar on the 30-min chart

Ahoy there Trader! ‍‍⚓️ It’s Phil… Monday’s market theatrics turned out to be an overreaction—just as we suspected. While I wouldn’t have minded a bit more bearish follow-through for personal satisfaction, the lack of it has confirmed a correction in sentiment. Let’s dive into the Tag ‘n Turn setup that’s lighting up with bullish potential

Ahoy there Trader! ‍‍⚓️ It’s Phil… Well, it seems last week’s bearish setup didn’t just show up; it kicked the door down! Futures have tumbled, with the NASDAQ leading the charge into the red, and the S&P 500 has dropped all the way to its opening price for the year. But is this a crash

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX continues to climb higher, defying gravity with an almost magical ascent (with a wink of exaggeration!). While my long calls on DIA, QQQ, and IWM are doing nicely, I can’t shake the feeling that the markets need a breather. Let’s dive into the charts and explore what’s happening

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX has officially broken out, and the price action is riding the upper Bollinger band like a sailor clinging to shore leave. While the bulls are cheering, I can’t help but feel a twinge of unease. A market that moves in a straight line? It feels like stretching a

Ahoy there Trader! ‍‍⚓️ It’s Phil… After a long weekend featuring Trump’s second inauguration and MLK Day, markets returned with a bang—or should I say a chaotic shuffle. Futures swung up 40 points, down 65, then up another 55 points. The regular markets are looking to open slightly elevated on Tuesday. Could this be the

Ahoy there Trader! ‍‍⚓️ It’s Phil… The Bubble That Changed Everything The late 1990s were a whirlwind of optimism and ambition. The internet was hailed as the next industrial revolution, and investors scrambled to ride the wave of technological transformation. The promise of the internet was immense: revolutionising communication, commerce, and daily life. But as

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX is dancing to the beat of short-term swings, and the Tag ‘n Turn system is leading the charge. With a well-defined range emerging amidst evolving consolidation, the focus now shifts to simple setups off range highs and lows. Let’s break down why clarity in this market means more