The market is looking for a catalyst, and it keeps striking out. I don't know what that catalyst is. I wish I did. But look at what we've already handed it and gotten nothing for. It could have been PPI. It wasn't. It could have been bank earnings. It wasn't. It could be the Fed. It wasn't. It could be Iran. It wasn't. Four chances to move this thing, guys, and we did not get a single gap up or a single gap down out of any of them. That's what has my attention right now, and it matters more than any one of those headlines did. Because this summer is a little different. Go back to last summer and we had that straight up boring channel, grinding higher with a pullback here and there. Easy. This summer we are not grinding. We are consolidating into a pennant, which is

The Market Was Way Too Confused. We Cashed Both Sides Anyway.   I called it weird before the bell, and weird is exactly what we got. We had a soft CPI, prices falling, oil cooling off, and the market just could not make up its little mind about any of it. Way too confused. It sat there chopping back and forth in a pennant, going absolutely nowhere. That is the kind of day that eats most traders alive. So I did not run a normal Game Plan. When it gets this messy, I switch to my heat zones. Same idea as my regular zones, just faster, run on the 1-minute chart instead of the 5. It is the model I pull out for exactly this kind of chop. I dropped two of them. A Call Zone up at 752 and a Put Zone down at 750.21. Both hit. Both of

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