SPX Trade Plan — January 20, 2026
If you’ve been following the Alpha Pod alerts, you know we have a niche for timing bottoms. Recently we did this with: CHYM, STZ, CRWV, ORCL, SMR.
Just like many of the above, beaten-down stocks have most investors running for the hills. But the brave who know what to look for seize the opportunity and time the bottom.
Last year, Eric Jackson did that with Opendoor ($OPEN). This year, the Alpha Pod is doing that with Lucid ($LCID).
The technical similarities are uncanny
Market structure rhymes. Right now, $LCID is tracking the late 2024 $OPEN chart perfectly.
1. The Falling Wedge Both charts show a massive, multi-month Falling Wedge grinding into all-time lows. This is classic capitulation—volatility compression where bears get complacent and bulls lose hope.
2. The Hammer at Support Yesterday, $LCID printed a textbook Hammer candle right on the lower wedge support.
Just like OPEN, LCID is left for dead
The similarities go beyond the chart. The fundamental setup is identical: a distressed asset priced for bankruptcy right before a structural pivot.
Whales are loading up
Execution Levels
Long Plan
- See full post on Substack
Short Plan
- See full post on Substack