Markets have seen a very strong week, adding to gains from the prior two weeks. The news flow is good and the technicals are even better. Everything I would look at would imply this is a regime shift and that bulls are solidly in control and will remain that way. There is only one technical pattern that could cause them a problem, which we will review. For now, everything is aligned in the bull camp, from the indexes, to credit, to dollar, and oil.
If you keep FOMO trading, revenge trading, or selling winners too early… it’s not because you lack discipline. It’s because your brain is literally wired to sabotage you.
Last week, SPY was sitting at 676 and we called the bullish setup. Now look what happened: SPY cleared the 618 retracement, retested it perfectly, and that single technical level just opened the door to major upside targets. Let me show you exactly why this matters, plus two new trade setups you need on your radar.
