Hello Gamers,
I’m writing this from San Diego after what might be the most interesting day I’ve had in a while. Not because of the networking event (though I did meet the CEO of Galaxy – you know, ticker GLXY – and I’m like, “I’ve traded your stock up and down 40 times!”).
No, the interesting part happened when I was literally staring into space during the show today.
And I spotted something massive.
There it was, clear as day on the five-minute chart – a massive head and shoulders pattern that had me doing a double-take.
Now, I know what you’re thinking. Head and shoulders patterns are everywhere if you look hard enough. But this one? This one is different.
When I threw my Fibonacci levels on it, the confirmation was insane. The targets lined up so perfectly I actually whispered “wowsers” out loud.
The neckline sits right around that 670 level, and if – when – we break above 674.16, we’re looking at a surge up to 678.
That’s not a typo. 678.

Here’s where it gets really interesting. CPI drops tomorrow at 8:30 AM, and this market has been waiting for something – anything – to trade.
I’ve seen this setup before.
When you start to see crazy big orders, both bullish and bearish orders into the close, that usually predicts the numbers. And according to my bombshell detector, we should get movement.
This head and shoulders pattern needs one of two things to be tradable:
But everything I’m seeing points up. The pattern, the positioning, the way smart money has been loading up.
If we gap above 673.46 tomorrow morning, I’m looking for that run to 676.79 – maybe even that full 678 target.
The problem?
If CPI comes in hot and we gap way above to 687, we’d be way above the target already. But if there’s no reaction to CPI, this thing becomes very tradable in a tight range.
I could also see going long overnight if we get a bombshell bullish rip into today’s close. When orders start flowing like crazy before major data, it usually tells you something.
We’re consolidating right at the highs here, and SPY needs to break above 674.16 to trigger this whole thing.
Locally, we’re also very close to breaking over the fib level on our charts. If we can get a big bullish rip into the close, I’d seriously consider holding overnight.
The market wants to gap – either up or down – and this inverse head and shoulders pattern is perfectly positioned to catch that move.
CPI is the catalyst.
If the numbers come in favorable, we gap higher and this pattern could complete beautifully.
If not? Well, that’s why I have my levels mapped out.
I’ll be flying back from California tonight (can’t wait to get back to normal trading hours – this 6:30 AM start is killing me), but I’ll be watching these levels closely.
Sometimes the best discoveries happen when you’re not even looking for them. I was literally staring into space, and boom – there it was.
The question is: Will you be ready when it moves?
Time to go get that massage and some tacos. When you’re building an empire, you’ve got to fuel up properly.
And if you want to follow along with tomorrow’s trade, check me out in Game Plan.
Rock on,
Voz
P.S. – Mark crushed another trade today (SandDisk), and our Rocket trade is setting up nicely for next week. Sometimes being a rockstar at these networking events pays off in the charts too.
P.P.S. If you want to check out Mark’s Open House, tomorrow is the last day, sign up here, it’s free.
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