Bear Swing Ends, Bullish Setup Begins - Here's what's next...
Bear Swing Ends, Bullish Setup Begins – Here’s What’s Next | SPX Market Analysis 03 Mar 2025
Last week’s bear swing trade wrapped up beautifully, moving from range highs to range lows, before Friday delivered the perfect reversal. Price tagged the lower Bollinger Band, turned with multiple bullish pulse bars, and gave us a classic V-shaped price action entry—the perfect signal to exit the last bear trades and start the bullish swing.
Now, I’m targeting 6,000 and 6,140, with hedge/bear triggers set below the recent lows.
Meanwhile, Trump just dropped a bombshell over the weekend, hinting at a U.S. crypto reserve backed by five tokens.
Could this inject some extra spice into the markets this week?
Let’s dive in.
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Deeper Dive Analysis:
The bear swing from last week completed as expected, moving from the larger range highs to the range lows, where Friday delivered a clean reversal setup.
📌 The Trade Setup – The Bullish Turn is In
Price tagged the lower Bollinger Band – a key reversal zone
Multiple bullish pulse bars confirmed momentum shift
A V-shaped price action entry signaled the start of the bullish swing
Exited the last bear trades as the trend flipped
📌 Bullish Program & Market Structure
Now targeting:
Smaller range low from last week’s 30-min chart
Major resistance at 6,000 and 6,140
Hedge/bear triggers set below recent lows to manage risk
📌 Market News – Trump’s Crypto Reserve Idea
Over the weekend, Trump hinted at a U.S. crypto reserve backed by five tokens
This could spark volatility as traders absorb the implications
Will this push risk-on sentiment higher, or cause unexpected market shakeups?
The bullish program is in full motion, and I’ll be watching how price reacts at key levels this week while keeping an eye on how the market digests the crypto reserve news.
---
Fun Fact
📢 Did you know? In 2010, a Bitcoin developer bought two pizzas for 10,000 BTC, now worth over $500 million—marking the first recorded Bitcoin transaction for goods.
💡 The Lesson? Markets evolve fast, and what seems trivial today could be worth millions in the future. With Trump hinting at a U.S. crypto reserve, could we be at the start of another major shift in financial history?
Last week’s bear swing trade wrapped up beautifully, moving from range highs to range lows, before Friday delivered the perfect reversal. Price tagged the lower Bollinger Band, turned with multiple bullish pulse bars, and gave us a classic V-shaped price action entry—the perfect signal to exit the last bear trades and start the bullish swing.
Now, I’m targeting 6,000 and 6,140, with hedge/bear triggers set below the recent lows.
Meanwhile, Trump just dropped a bombshell over the weekend, hinting at a U.S. crypto reserve backed by five tokens.
Could this inject some extra spice into the markets this week?
Let’s dive in.
---
Deeper Dive Analysis:
The bear swing from last week completed as expected, moving from the larger range highs to the range lows, where Friday delivered a clean reversal setup.
📌 The Trade Setup – The Bullish Turn is In
Price tagged the lower Bollinger Band – a key reversal zone
Multiple bullish pulse bars confirmed momentum shift
A V-shaped price action entry signaled the start of the bullish swing
Exited the last bear trades as the trend flipped
📌 Bullish Program & Market Structure
Now targeting:
Smaller range low from last week’s 30-min chart
Major resistance at 6,000 and 6,140
Hedge/bear triggers set below recent lows to manage risk
📌 Market News – Trump’s Crypto Reserve Idea
Over the weekend, Trump hinted at a U.S. crypto reserve backed by five tokens
This could spark volatility as traders absorb the implications
Will this push risk-on sentiment higher, or cause unexpected market shakeups?
The bullish program is in full motion, and I’ll be watching how price reacts at key levels this week while keeping an eye on how the market digests the crypto reserve news.
---
Fun Fact
📢 Did you know? In 2010, a Bitcoin developer bought two pizzas for 10,000 BTC, now worth over $500 million—marking the first recorded Bitcoin transaction for goods.
💡 The Lesson? Markets evolve fast, and what seems trivial today could be worth millions in the future. With Trump hinting at a U.S. crypto reserve, could we be at the start of another major shift in financial history?
Full-time trader and mentor since 2001
Focusing on short term income swings with SPX options, futures and occasionally stocks.
Focusing on short term income swings with SPX options, futures and occasionally stocks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Full-time trader and mentor since 2001
Focusing on short term income swings with SPX options, futures and occasionally stocks.
Focusing on short term income swings with SPX options, futures and occasionally stocks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.