Good morning, traders…

Sometimes, the major indexes trade in perfect, textbook patterns that play out exactly as expected. 

This sort of thing doesn’t happen every week. But when it does, it’s a gift. Last week’s SPY price action was about as textbook as it gets:

If you were watching closely, it delivered a clear lesson in how structure, volume, and timing come together to create reliable trading opportunities. 

For days, SPY had been coiling just under resistance near $602.50, building a tight range with declining volume. That’s a classic setup. 

Then came the CPI print Wednesday morning (cooler than expected). The breakout followed like clockwork. 

What happened next was just as important: a clean hold of the breakout level, followed by a measured pullback, then continuation to end the week.

This is exactly the kind of sequence that gives traders an edge … if you’re ready. 

Traders who stayed patient, avoided noise early in the week, and waited for confirmation had a high-quality window to execute with confidence. 

But those who rushed in early or faded strength likely felt the pain.

Let me show you what we learned last week, why this setup matters (and how recognizing it could sharpen your performance moving forward)…

Monday & Tuesday: Setting the Table

On Monday, SPY was still in its range. We talked about the $602.50 level as key. I reminded everyone that if the market wanted to go higher, that was the spot to break. But we weren’t guessing. The best trades this week weren’t the ones that predicted the CPI number—they were the ones that waited for confirmation.

So we kept it light on Monday and Tuesday. I pointed out that strength was building in names like Nvidia Corporation (NASDAQ: NVDA) and Broadcom Inc. (NASDAQ: AVGO). These were the stocks I said I’d want to trade if the market broke out. I wasn’t going to load up before Wednesday—but I wanted my list ready.

Wednesday: The Breakout

Wednesday morning, CPI came in better than expected. And the market reacted fast. On the mic, I called out SPY reclaiming $602.50. That was our breakout.

I said: “If you were trading this, you’re already in.” Because by the time we were 10–15 minutes into the session, the move had already triggered. There was no time to hesitate.

I emphasized that this was the real breakout—backed by volume, strength in the leaders, and clean price action. It wasn’t about emotion. It was about levels. And we had them.

Nvidia Corporation (NASDAQ: NVDA) was the star again—pushing higher off the open, confirming the strength we’d been seeing. Apple Inc. (NASDAQ: AAPL) started to move, and Broadcom Inc. (NASDAQ: AVGO) continued to lead.

This wasn’t a time to be heavy short or guessing tops. The market had spoken. And I reminded everyone: “Don’t let your bias talk you out of the trade.”

Thursday: The Pullback

On Thursday, we talked about digestion. That’s normal after a breakout.

I told the room: “I wouldn’t be surprised to see SPY pull back a bit and test that $602.50 level.” That’s exactly what happened. And it held.

We got a nice little pullback in Nvidia Corporation (NASDAQ: NVDA), which gave a secondary entry for those who missed the first one. I said that if you were patient, this was a better spot to enter with tighter risk.

This is where planning pays off. You didn’t need to chase Wednesday’s move. If you had your levels and your alerts, Thursday gave a cleaner entry.

Friday: Closing Strong

Friday was all about follow-through.

SPY stayed above $602.50 and built on the move. Nvidia Corporation (NASDAQ: NVDA) kept leading. Apple Inc. (NASDAQ: AAPL) continued higher. Broadcom Inc. (NASDAQ: AVGO) was still strong.

I reminded everyone: “This was the move we were waiting for all week.” And it followed the script.

We had the breakout. We had the pullback. And we had the continuation.

5 Lessons to Lock In

1. Mark your levels. We talked about $602.50 all week. That wasn’t hindsight.
   
2. Wait for confirmation. The breakout told you when to enter.
   
3. Don’t force trades early. Monday and Tuesday were quiet. That was a clue.
   
4. Patience pays. Thursday gave a better entry if you missed Wednesday.
   
5. Stay with strength. Leaders kept leading.

Weeks like this are why we do the prep. When the setup comes, you don’t need to predict—you just need to act. And that’s what we did.

Happy trading,

Ben Sturgill

P.S. You don’t need a fancy setup. 

You don’t need a bunch of “algos” and “indicators.”

You don’t need to spend all day watching charts. 

And you don’t need a lot of money. 

All you need is a working phone, internet connection, and a trading account…

And you could begin targeting gains up to 20%… 39%… 100%… 148%… 200%… and even 300%…*.

Join Aaron Hunziker TOMORROW, June 18 at 10:00 a.m. EST to see how my brand-new day tool can transform your strategy overnight.

*Past performance does not indicate future results