Our first swing trade of July was Nvidia, and we cleaned up shop. We got in, held the 40 period, and those calls ran over 100%. Fantastic. But the trade isn't the lesson. How I read the chart is the lesson, and volume profile is the only tool I used to get there. So let me actually teach it to you, because most people, including the gurus, are reading it wrong. By the end of this you'll read a volume profile chart better than every furu on the internet. Start with what nobody explains correctly. Everyone thinks the bars on a volume profile show what day had the most volume. Wrong. They show what price had the most volume. That is the entire point, and it is why the tool is so powerful. I don't care that Monday was a busy day. Who cares about that. I want to know

I'm seeing action that looks boring. It's not. Look at this week. We hit Iran, they hit shipping, we hit them again, two days in a row now. A headline like that a year ago would've sent everything reeling. And the market went up anyway. It barely flinched. It's almost like the boy who cries wolf. The more this happens, the less we feel it in the market. That doesn't mean the danger's gone. It means the market's heard this story before, and it thinks it already knows the ending. There's a rule underneath this, and it's the whole game. The market moves on uncertainty, good and bad. Not on news, on uncertainty. Something's got to be unknown for the market to react at all. And Iran isn't unknown anymore. We put them in a grip hold, they agreed to send their oil around the world, and every round of

The whole market is a jack-in-the-box right now. Wound tighter and tighter, ready to explode. And anybody who tells you they know which way it pops is guessing. I do not guess. I read what is in front of me. So let me show you what I am looking at. Pull up SPY and QQQ, the funds that track the S&P 500 and the Nasdaq. They are running the exact same pattern. A big move higher, then a breath, and now they are coiling into a pennant. A pennant is just price squeezing closer and closer together into a point, like the shape of a little flag. The tighter it gets, the bigger the move when it finally lets go. That is the jack-in-the-box. It is winding up, and when it pops, it pops hard. READ MORE I cannot tell you the direction, and I am not going to pretend