166: 📈SPX Rebounds Hard — What Last Week’s Selloff Really Taught Us
Description
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📈 Market Recap & Trading Lessons:
🚀 Big rebound after last week’s 200-point SPX drop — market shakes off China tariff and shutdown worries
🍏 Apple headlines and possible government deal spark optimism
📊 Moving averages still recovering — 5-day hasn’t crossed back above 10-day yet
🧠 Eric explains how one huge candle can distort technical indicators short-term
💰 Shows an Iron Condor entered during the volatility spike — wide wings, 25% profit target
⚡ Volatility crush helped profits as VIX cooled off
📉 Trend-following strategies paused last week but could resume if short-term averages recover
❌ Reminder: selling call spreads during downtrends doesn’t backtest well — stick to data-driven setups
🔗 Check out all backtested trade setups at AlphaCrunching.com for this week’s SPX strategies
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