One More For Opex?

2026-07-10 / Sam Shames

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The market is as noisy as it has been in a while, with correlation so low that stocks are diverging even inside their own sectors. So I am cutting through it by focusing on the one chart I see most clearly: SPY, closed 90% bull with a daily squeeze. In tonight’s video I cover the bullish seasonality into next week, a yellow-light divergence on the Nasdaq, and the setups I am watching including UPS, DELL, and AMD.

If you have watched how I structure trades with my risk defined before I ever enter, you will want to see what Henry Gambell is putting on next week. He is breaking down his unbalanced butterfly, one of the cleaner ways I know to target a directional move while keeping your risk capped from the start.

Save your seat here: https://www.simplertrading.com/triple-0dte

Sam Shames

Sam began trading futures and equities in 2006 as markets were reaching a crescendo. Learning how to find opportunities in any market condition was the most important lesson from this time. He primarily looks to market correlations and follows a strategy where he looks to take advantage of both daily and intraday trends. The strategy is top-down first, starting with the market moving indices and futures to heavily weighted stocks to make sure that they are pulling in the same direction. Once that is established we review whether timeframes line up, meaning are the lower time frames in sync with the longer time frame trend. Tide first, then boats. Sam is primarily a swing trader and does not have a preference on length of time to hold a trade. As long as the trend and market correlations signal continues to be valid, he will hold the trade. He will also cut the trade if any of the underlying conditions change, take profits, and look for a re-entry when the clarity of the trade setup returns. As an aggressive swing trader, Sam works to understand the markets through technical analysis and recognizing the distinct psychology and correlations of each chart.