Bull trap progression Tutorial


So much perspective to be gleamed from this seemingly Simple yet immensely effective daily CHART

now its from TOS....but nonetheless its similar to one in weekend report....

check it out...

here is weekend report chart or slide i was referencing and writeup 2 weekends ago here

then i showed you WHY that setup was so important here...using 2018 break down or bull trap as an example....

Now here is yesterday's Close on SPX on same chart...(i cant get today's bar yet...)

So here is the Think or Swim SPX chart, with same Huge Band region....

Now look at that Overhead RESISTANCE price has to deal with...Bull Trap has been executued and today's 34 point bounce on SPX still isn't close to regaining that Crucial BAND....

so Odds and experience tell me....we have lower to go...Bull traps and these breakout to right back into the range setups are not to be fought with...



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