SPX Analysis

Ahoy there Trader! ‍‍⚓️ It’s Phil… Monday came in swinging, continuing Friday’s move and landing price right at the range low target. And what do we get? A beautiful V-shaped reaction—just like we discussed in detail during our group call. Now we have two key scenarios unfolding, mirroring what we saw at the upper boundary […]

Ahoy there Trader! ‍‍⚓️ It’s Phil… Last week’s market action was like watching a cat decide whether to jump off a shelf—hesitation, commitment, regret, and then chaos. SPX pushed through the bull trigger on Wednesday, only to whip back through the hedge & bear trigger, finally showing some real movement on Friday. But before we

Ahoy there Trader! ‍‍⚓️ It’s Phil… Well, that was fun! The pre-market divergence gave us the heads-up, and by the time the main session kicked in, things went wild. SPX, DJX, NDX, and RUT all took a dive, and my bearish trades lined up perfectly. Even my fat-finger trade—which should have been a total disaster—somehow

Ahoy there Trader! ‍‍⚓️ It’s Phil… These kangaroo markets just won’t quit. Every time we break out of one range, the Bollinger Bands pinch again, locking us into another one. Meanwhile, other indexes fell out of bed, but SPX? It’s clinging on by “the Bulls”. When will it finally open up and run? Who knows—but

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX is climbing like a caffeinated squirrel… ok, maybe not. It’s more like a slightly confused sloth trying to find second gear!…, while DJX and RUT are stuck in the mud. The breakout move we’ve been waiting for has arrived, and now the question is—does it have enough

Ahoy there Trader! ‍‍⚓️ It’s Phil… Still waiting. Yep, that’s where we are. The market is about as exciting as watching paint dry, but this is not the time to get impatient. As much as I’d love to jump into a trade just to feel productive, I know better—waiting for the right entry beats chasing

Ahoy there Trader! ‍‍⚓️ It’s Phil… Welcome to another shortened trading week, thanks to Presidents’ Day (or maybe an extended Valentine’s weekend for the lucky ones). With all the nudge nudge, wink wink out of the way, let’s talk setups. I’m watching two key trade scenarios—a breakout continuation or a break-in reversal (aka a false

Ahoy there Trader! ‍‍⚓️ It’s Phil… Well, pop the champagne, sound the victory bells, and maybe slap my thigh and call me Rodger—SPX has finally broken out! The only thing missing is a trumpet fanfare and maybe a ticker-tape parade. But before we get too carried away, the real question remains—will this breakout hold strong

Ahoy there Trader! ‍‍⚓️ It’s Phil… The market is wound up tighter than a coiled spring, and I’m starting to wonder what will finally trigger the next move. From a commentary standpoint, this is snooze-worthy—but from a trading standpoint, the Theta burn is quietly adding pennies to our pockets. Even if the market isn’t moving,

Ahoy there Trader! ‍‍⚓️ It’s Phil… The markets may be moving like molasses, but that’s no problem when you’re getting paid to wait. While others are watching charts in frustration, our Theta decay is quietly dripping profits into our accounts. No rush, no panic—just letting the market do its thing while we collect. Let’s break