SPY’s “Two-Week Extension” May Be the Start of Something Big

2026-04-08 / Henry Gambell

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Is a big green day just noise or the start of a real trend? In this video, I show how SPY’s April timing pattern mirrors last year’s major low, why the 618 retracement mattered today, and how Fibonacci extensions create a clear upside roadmap. I also explain how to use market maker expected move pricing to validate whether a July target like 716 is realistic, and how traders can structure defined-risk options trades (like a 700 butterfly) to position for a summer rally.

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Henry Gambell

Henry Gambell began his career as an IT professional with a passion for gambling, which by no accident landed him at John Carter’s door one fateful day in 2010. From there Henry went on to join John at Trade the Markets and helped contribute to the second edition of Carter’s book, “Mastering the Trade.”