SPX Analysis

Ahoy there Trader! ‍‍⚓️ It’s Phil… The market is stuck on repeat, playing the same song over and over. Drop, pause, drop, pause—sideways, down, sideways, down. This looks very much like a bearish Darvas box pattern. And guess what? We nailed it (yesterday). 📌 SPX continues to stair-step lower, just as we anticipated.📌 5650 remains […]

Ahoy there Trader! ‍‍⚓️ It’s Phil… You know that feeling when you wake up and wonder if you’re stuck in a time loop? Yeah, me too. For what feels like the hundredth time, I’m reporting that the bear move is grinding lower. The difference? The profits keep stacking up—so I’m not complaining. Yesterday’s rally was

Ahoy there Trader! ‍‍⚓️ It’s Phil… It’s time to salute the bear—SPX is nearly 10% down, officially flirting with correction territory. The NASDAQ has already crossed the line, and blue-chip stocks are falling fast, shedding high single and low double digits in a matter of days. But here’s the difference—there’s no panic. This isn’t a

Ahoy there Trader! ‍‍⚓️ It’s Phil… Another week, another grinding bearish move—but are we truly breaking down, or is this just another market head-fake? Friday gave us a tease of a breakdown, only to bounce right back into the range by the close. The overnight futures are dipping slightly, but we’re not yet below last

Ahoy there Trader! ‍‍⚓️ It’s Phil… The market is acting like a drunk sailor, stumbling between a sideways range and a downsloping channel, leaving traders scratching their heads and redrawing trendlines daily. If this feels frustrating, welcome to the real evolution of price action—the part nobody talks about. Traders love to show off the perfect

Ahoy there Trader! ‍‍⚓️ It’s Phil… The market is bouncing around like a gummy bear on gummy juice—up one day, down the next, sometimes both in the same session. But now, a short-term price range is forming, making trade setups much clearer. This new range, which is easier to see on ES futures, aligns perfectly

Ahoy there Trader! ‍‍⚓️ It’s Phil… We expected roller-coaster swings this week, and the market hasn’t disappointed. The price action feels oddly familiar, reminiscent of early 2022, when a failed all-time high attempt led to a slow, choppy bear market. Right now, the market is stuck at a key decision point—dithering at the lower range

Ahoy there Trader! ‍‍⚓️ It’s Phil… The week starts with a bang—Trump, tweets, and political uncertainty, and markets bouncing like a hyperactive yo-yo. With bullish and bearish triggers already firing, we’re in a “could go either way” situation. Price is lingering at the range low on the daily chart, leaving us with two clear possibilities—a

Ahoy there Trader! ‍‍⚓️ It’s Phil… Last week’s bear swing trade wrapped up beautifully, moving from range highs to range lows, before Friday delivered the perfect reversal. Price tagged the lower Bollinger Band, turned with multiple bullish pulse bars, and gave us a classic V-shaped price action entry—the perfect signal to exit the last bear

Ahoy there Trader! ‍‍⚓️ It’s Phil… Is the bear move done, or do we have more downside left? Honestly, who cares when you have a solid process? The bear swing is rolling along nicely, with the first SPX and NDX tranches hitting profit targets. For now, price action is still making lower highs and lower