New Day, New Dawn, Feeling Good: Uncle Rus Bear Signal Fires | SPX Market Briefing | 24 Sep 2025

It’s a new day, it’s a new dawn, and I’m feeling good – cue theatrical musical number!

One of the lovely things about being a trader is the ability to bugger off and do something else… and why not? Nothing so grandiose as hiking, biking, zoo’ing, or any of our other favorite pastimes. The beauty of systematic trading is that it works whether you’re watching or having a lovely afternoon out.

Anyway, let’s look at the charts and see what mechanical opportunities have developed.

SPX Market Briefing:

Yesterday’s afternoon off proved once again that systematic approaches work best when you’re not overthinking them.

Current Systematic Status:

• Uncle Russell: Fired spanking good bear signal – classic Tag ‘n Turn setup

• RUT Direction: Bearish until bullish, inside larger rising channel

• SPX Setup: Development version handling post-breakout poorly, waiting for entry

• /CL Futures: Running nicely from range lows toward range highs target

Uncle Rus Bear Signal Beauty:

Uncle Russell has fired off a spanking good bear signal that’s also looking a little toppy on the daily charts. This is a classic Tag ‘n Turn setup operating inside the larger rising channel we’ve been monitoring.

The mechanical beauty of this setup is its simplicity: we are now bearish until bullish. No complex analysis, no overthinking market conditions – just systematic positioning based on price action signals.

SPX Development Issues:

The SPX setup didn’t fire off correctly on my development version, and I’m looking at the handling of post-breakout target reached scenarios. Bottom line: it should have fired off, but I was also doing other things (living life), so I’m still waiting for my next SPX swing entry.

Should there be a small rally today, I’ll use that opportunity to get positioned. I’m already working on an update to handle the transition of setups more smoothly.

Crude Oil Range Play:

/CL futures are running nicely from the range lows to the range highs and should pop that target level. This demonstrates how multiple systematic approaches can work across different markets simultaneously.

Murphy’s Law in Action:

Yesterday was also an awesome day for the Premium Poppers and Lazy Poppers – of course they were, as I was doing something else! I think that’s one of the rules of Murphy’s Law: the markets perform best when you’re not obsessing over every tick.

Today’s Systematic Plan:

• RUT: Execute bear signal positioning, monitor larger rising channel boundaries

• SPX: Watch for small rally to establish next swing entry position

• Premium/Lazy Poppers: Continue deployment after yesterday’s Murphy’s Law success

• Development Work: Update post-breakout target handling for smoother transitions

This Morning’s Focus:

There’s money to be made and setups developing.

The freedom to take spontaneous afternoons off while positions work mechanically – that’s exactly why we build systematic approaches in the first place.

Fun Fact:

Options: The Financial Casino’s Slot Machines

Put and call options give you the right (but not obligation) to buy or sell stocks at specific prices—basically turning every stock into a betting line at Caesar’s Palace!

Options trading is what happens when Wall Street decides regular stock investing isn’t exciting enough and needs more leverage, more complexity, and more ways to lose money faster! A call option gives you the right to buy a stock at a specific price (betting it goes up), while a put option gives you the right to sell at a specific price (betting it goes down).

It’s like having a reservation at a restaurant that you can use or not use, except the reservation can expire worthless and cost you money.

The beauty of options is that you can control 100 shares of expensive stocks for a fraction of the cost, which sounds great until you realize you can also lose 100% of your investment in a matter of days. Professional options traders use complex strategies with names like “Iron Condors” and “Butterfly Spreads” that sound more like wrestling moves than financial instruments.

The options market has become so sophisticated that there are people who make fortunes by selling “time decay” to other investors—literally profiting from the passage of time like some sort of financial time lords!

Trade well,
T2 Markets

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