We Cleaned Up Shop Before Lunch

We cleaned up shop before lunch today.

Game Plan members were in the 655 put zone this morning, selling in all the way down while Iran headlines were flying. Profits booked before noon.

While the market did bounce… we spent the day not care.

That is the whole point of trading levels instead of news.

You are not betting on whether the war ends. You are betting on price levels where the probability stacks in your favor.

More volatility means wider zones and more room to work. This environment does not scare me. It is opportunity.

Now let me tell you what I actually see on the chart, because the thing that concerns me has nothing to do with Iran.

The market was already rolling over in February. Stocks like Microsoft were already pressing the index lower before a single missile was fired.

The market sold off because something was already wrong inside it, and the war gave the crowd a headline to explain the feeling they already had.

We are sitting in a bear flag right now.

MACD crossed up and everyone is calling it a reversal. Indicators look at the past. A cross tells you we bounced. The 200-period moving average is still overhead and still pressing, and until that changes, the structure of this chart has not changed.

My read: we grind lower into this week, get one more push up, and then the gap down event that clears the air on this whole leg.

The gap down tends to happen on a green open, not a red one. The crowd does not capitulate when the market opens down hard. They capitulate when they finally feel safe again and get punished for it.

A peace deal is coming at some point.

When it does, there will be a relief bounce and people are going to think the worst is over. What they are going to find underneath the Iran story is private credit under stress, interest rates that cannot come down, and an economy that was already showing cracks before any of this started.

The tariff tantrum last year recovered fast because the market was fundamentally sound. This situation is different and the recovery is going to reflect that.

The traders who learn to work in this environment are going to be in good shape when it calms down.

Tomorrow at 9:30 a.m. ET you can come watch how all of this gets traded in real time.

The 72-Hour Wealth Summit is free.

Three full days of live zones, live entries, and the full breakdown of why the levels work when the headlines do not. Link is below.

Rock On,

Voz

P.S. If you are new to this and feeling overwhelmed by the market right now, this summit is exactly where you should be. Come watch one session and see if it changes how you think about all of this.

=> Register Here