Hey Traders,
Let’s talk about something I watch very closely in this market: Crossovers.
Not the ones from the news.
Not the ones from Fed speakers.
I mean trendline crossovers — where the short-term, intermediate, and long-term trendlines start to flip in the right direction.
Because when that happens?
It’s usually the first big signal that the market’s about to turn higher.
What I’m Seeing Now
Right now, the market’s looking better than it has in a while.
- The SPY just closed above all three trendlines (short-, intermediate-, and long-term).
- It’s now starting to find support at the short-term line.
- And every close above all three lines increases the odds of a bullish crossover stack.
That’s exactly what we want to see.
We’re not all the way there yet — but the odds are stacking up fast.
When this flips completely?
It’s going to be good. Real good.
2 Bullish Trades I’m Watching
Here are two stocks I’ve got my eye on right now:
→ HOOD
This one’s new for me — but I really like the setup.
It’s volatile (which is good for options), and it’s showing a clean move upward.
Like I always say, when you get 3–5 big green candles in a row, that can be a signal to watch for a pause or pullback. That’s natural.
But the key here is that it’s got momentum AND volatility, which makes it a great name for selling premium:
- Naked puts
- Bull put spreads
- Iron condors
- Covered calls
All of those can work when a stock’s got range and direction.
→ IBIT
This one’s been on my radar for a bit — and it’s still working.
We got a clean crossover a few days ago, and it’s followed through to the upside since then.
If you want a textbook example of what to look for when a trend flips bullish… this is it.
Bigger Picture: The Market’s Stacking Up Bullish
We’ve got more new highs than new lows.
Crossovers are happening.
Momentum is picking up.
It’s not all green lights just yet — but it’s close.
That means right now is a great time to:
- Start selling premium
- Set up your watchlist for breakout setups
- Trade with structure — and stay nimble
We’ve waited through a choppy stretch. But this is what the start of a turn looks like.
Let’s be ready.
Trade well,
Jack Carter
P.S. Geof Smith tells us these four guys could send a shockwave through the market. Are you ready?