SPX Analysis

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

Ahoy there Trader! ‍‍⚓️ It’s Phil… The evolution of SPX’s price action continues to keep traders guessing. From double bottoms to descending triangles, the market now seems to have settled into a downsloping sideways range. Let’s dive into the latest setup and see how to trade it profitably while we wait for a decisive breakout.

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX market is acting like a kangaroo, hopping unpredictably between potential breakouts and reversals. After rallying to retest the consolidation base, we’re now poised at a critical level. Will the bears regain control, or will we see a reversal back into the range? Let’s dive into the key

Ahoy there Trader! ‍‍⚓️ It’s Phil… The Santa Rally appears to have officially left the building this year, and the January effect seems to be tripping over itself with recent bearish moves. Historical data suggests this could mean a more challenging year ahead. Let’s dive into the latest SPX price action and see where the

Ahoy there Trader! ‍‍⚓️ It’s Phil… It’s Phil… Imagine pouring your life savings into a “can’t lose” investment, only to watch it crash spectacularly. That’s the story of the South Sea Bubble—a tale of unchecked greed, market mania, and the dangers of hype-driven investing. From soaring profits to devastating losses, let’s explore how Britain’s 18th-century