March Was Boring. April Could Bite | SPX Analysis 02 April 2025
At the risk of sounding like a scratched CD (or whatever the Spotify kids call repetition), yes – I’m still bearish.
Some might say I’m stubborn. I say I just know a pattern when I see one.
And while March was about as exciting as watching paint dry in slow motion on a frozen chart... April's already teased a shift. Tuesday’s 0-DTE win added a bit of grease to the gears – finally. Movement. Profit. Action.
But I’m not celebrating yet.
My stance is clear: bullish above 5700, bearish below. Until we break out, I’m scanning for pulse bar setups, especially if price cracks below 5500 – that’s where things get spicy.
And with Friday’s NFP looming on the calendar, the market may be about to wake up and pick a direction.
I know which way I’m leaning. Bear slippers are still on.
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Why April Could Be a Whole New Beast
Here’s the rundown:
March = sideways snoozefest. April = already triggered a 0-DTE win. My trigger line for flipping bull remains 5700 – it’s the GEX flip, flag failure, and no-go zone. I’m watching for bearish pulse bars, ideally on: Morning setups Under 5500 With volatility in play
Should we crack those levels with strong momentum, I’ll look to compound into existing bear swings, leaning on the mechanical setups that’ve done the job before.
This week’s X-factor?
Friday’s Non-Farm Payroll report.
Could be a nothing-burger. Could be the matchstick that lights the whole thing up.
Either way, I’ll be ready.
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Expert Insights – Don’t Let Boredom Trade for You
One of the most common trader traps?
Forcing trades when the market isn’t doing anything.
Here’s how to avoid it:
✅ Patience is a position. Waiting for clarity is a valid strategy. I didn’t force anything through March – and I’m better for it.
✅ Setups still work – just less frequently. Your system isn’t broken… the market was just asleep.
✅ The pros aren’t hunting trades every day – they’re waiting for the ones worth taking.
That’s how the SPX Income System works – clear triggers, no second-guessing.
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Fun Fact - April: Historically Strong… Unless March Fails First
The month of April is historically one of the strongest for the S&P 500, averaging gains of 1.5% since 1950.
But guess what?
Most of that strength happens after a strong March. When March is slow or bearish… April tends to flip the script.
So don’t be surprised if volatility roars back this week – just be ready.
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Video & Audio Podcast Coming Soon on main blog...
Happy trading,
Phil Less Brain, More Gain …and may your trades be smoother than a cashmere codpiece
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p.s. Ready to stop scratching your head and start stacking profits? If you want to trade with clarity – not confusion – then it’s time to get serious about structure.
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No fluff. Just profits, pulse bars, and patterns that actually work.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Full-time trader and mentor since 2001 Focusing on short term income swings with SPX options, futures and occasionally stocks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.