SPX Analysis

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX continues to dance within its range, teasing both bears and bulls alike. With ES futures suggesting a rising range, the next move could take us to lower boundaries before any breakout sparks new opportunities. Let’s dive into today’s market landscape! Rising Channel is more clearly seen on […]

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX is brushing up against record highs and moving into a prior trading range. I’m keeping my bullish stance, targeting reversals and breakouts. Let’s dive into the action!   The SPX continues to align with our expectations, pushing toward record highs and nestling into a previously established range.

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX keeps sailing higher, breaking patterns, and proving why mechanical systems trump gut feelings. As the market inches toward new highs, let’s dive into why emotional trading leaves bears stranded, and why the “Tag ‘n Turn” setup keeps cashing in.   Last week’s breakout didn’t just push higher—it completely

Ahoy there Trader! ‍‍⚓️ It’s Phil… Thursday’s market action brought excitement with a classic breakout pullback setup. A perfectly timed “pulse bar” paved the way for a quick income trade, delivering solid overnight profits. Let’s dive into the details!   The market gave us what we anticipated—a swift breakout from consolidation, followed by a textbook

Ahoy there Trader! ‍‍⚓️ It’s Phil… As SPX transitions from sideways to what looks like a rising channel, the bullish bias remains strong. Today’s market moves may dip before rising, setting the stage for exciting new opportunities. Let’s dive in!   The sideways range on SPX didn’t stick around for long. Just as expected, we’re

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX is showing all the signs of settling into a consolidation phase, as indicated by my trusty custom Bollinger Band settings. For a change, I’m bullish this time around, but as always, my trading plan will adapt to whatever the market throws my way.   SPX is tightening up

Ahoy there Trader! ‍‍⚓️ It’s Phil… The market’s theatrics didn’t disappoint on Tuesday! While S&P futures danced deeper into my bullish reversal zone, the main SPX cash index stubbornly held its ground, teasing us with a double bottom. Let’s dive into what this means for the days ahead.   Tuesday was a day of almosts.

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX is moving exactly as anticipated! With no red flag news until Thursday, we’re kicking off the week with a sideways shuffle and an inside day. Overnight futures are nudging back towards recent lows, reinforcing a slight bearish tilt that could make bear traders cheer. But watch out —