Welcome back! This weekend, we're doing something special. As the VICI community grows, we have new members who trade the SPX index exclusively. This one's for you.
For those who are new, my methodology is simple: I use a top-down approach, starting from the high timeframes (Monthly, Weekly, Daily) because the higher timeframe controls the market and offers the largest moves. My trades are based primarily on Weekly and 4-hour levels. All my charts use the same color code, which you'll find in the cheat sheet below. Let's get into the plan.
🧠 Current Market Context
Let's be perfectly clear: the market is not bearish. It is in an unbelievable uptrend, or "moon phase," as I call it. The question is not if the trend is up, but where the best opportunity is to join it.
With September historically being the weakest month of the year due to seasonality, and with price so close to all-time highs where traders may take profits, I do believe it's possible we get a healthy pullback. A 100-point retracement in this environment is not a big deal; it's an opportunity to look for new buyers to step in at key structural levels.
