SPX Trade Plan — January 29, 2026

Morning Note — January 29, 2026

The market continues to show the strength we have positioned for since late December. If you recall, we led this bullish bias on the relative strength of IWM (Small Caps) and RSP (Equal Weight), noting that once the Mega Caps began to participate, we would see SPY and QQQ push to new highs. The Rotation: That thesis has played out beautifully. While IWM is finally catching a much-deserved breather, SPX and QQQ are screaming to highs as the heavyweights take the baton.

Continue reading this post for free, courtesy of KASM Capital.

Or purchase a paid subscription.

Execution Levels

Long Plan

• See full post on Substack

Short Plan

• See full post on Substack

View full post on Substack