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.
This setup has a 93% historical edge on the monthly chart… and right now price is giving us the exact condition we want. If you’re looking for simple, repeatable strategies you can trade at the open and close, without overtrading or triggering PDT, this one is for you.
IREN is up nearly 10% today and just broke above the 50-day moving average. But what makes this setup even more interesting is we’re entering the pre-earnings hot zone… and historically this stock rallies hard right here.
If the market breaks down after OPEX, this QQQ trade could pay big. And if we stay bullish, IWM might be the best long setup. I’m running a full macro “vibe check” using some key market puzzle pieces: SPY, VIX, Oil, Dollar, and High Yield Credit. Here is my risk-first strategy session.
