Indice S&P 500
Short

A Wolfe Wave? Maybe. Another Win? Definitely. | SPX Analysis 16

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What do you call it when you wake up, sip your tea, and realise the market is exactly where you thought it would be?

Answer: another day following the damn plan.

Yesterday’s price action? Snooze city. But tucked away inside that inside day was a lovely little income win, all thanks to those glorious GEX levels we’ve had our eyes glued to for weeks. 5400/5425 was once again the no-go zone. SPX tiptoed up, chickened out, and reversed politely on cue.

While retail traders yawned or second-guessed, we quietly hit our numbers. Again.

And while the surface was calm, beneath the charts... something’s stirring.


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🎯 "Same Setup. Same Result."

Some traders chase action. We wait for systematic decision-making framework.

While the masses complained about a boring market day, we snagged another payday. The setup was textbook: resistance at 5400/5425, backed by GEX, ADD extremes, and the ol’ "...oh and..." wedge-in-the-making.

Throw in a mechanical bear Tag 'n Turn and we were go for launch.

The overnight futures have started to crack the two-day range. One of the perks of short-dated expirations? You don't need massive moves - just a push in your direction, and the premium does the work for you.

And here's a wildcard for your "...oh and..." notebook:

👀 Possible Wolfe Wave forming. If valid, we could be looking at a gravity slide down to 5000.

Is it the holy grail? Nah. But if it lines up with pulse bars and structure, I’ll be ready.

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GEX Analysis Update
5425 again

🎓 Expert Insight – "Pattern First, Prediction Later"

Common Trading Mistake: Jumping on a trade just because the news made your pulse spike.

Fix It: Let your levels do the talking. GEX, ADD, Tag 'n Turns… the market leaves breadcrumbs. Follow those, not the headlines.

Don’t predict. React with structure.

Trade setups, not emotions.

Repeat winners are born from repeatable processes.

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🤓 Fun Market Fact

The Wolfe Wave pattern is named after Bill Wolfe and is often misunderstood as some esoteric mystery. But really? It’s just a glorified channel break with attitude.

It projects a reversal target based on converging trendlines, often in five-wave structures. The magic? The final wave usually slams to a specific line, called the EPA/ETA - and can happen quickly if volatility kicks in.

Most people don’t spot it until it’s too late. But if you know what to look for, it becomes a spicy tool in the AntiVestor arsenal. 🐺📉

Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece

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