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There are times to work hard, and there are times to work smart. Knowing which time we’re in is the tough part. 

Although far from perfect, a couple decades of watching and analyzing markets has helped me discern ‘the times.’ In March and April, when stocks melted down and then back up, I ran dozens of breadth, sentiment, price pattern, correlation, etc. studies.

As the old saying goes, make hay while the sun shines. The best time to analyze, find precedents, correlations, analogs is during times of extremes, as we saw in March/April.

That was the time to work extra hours, run additional scenarios and publish extra Profit Radar Report updates for subscribers.

The investment of time paid off, as a vast majority of the studies and analysis done and published during that time projected rising stock prices. Some of those studies were mentioned in the last Free Market Outlook

However, ‘times’ changed in May. I stated the following in the May 11, Profit Radar Report:

“Patience in times like these is a tough discipline, but I’ve found it to work better than over-analyzing and over-emphasizing the little available data.

At this point there are no high probability must hold support and can’t break resistance levels that would eliminate bullish or bearish scenarios. The base case scenario is still looking for overall higher prices but we are reluctant to chase price at current levels and are hoping for a pullback.”

I reiterated the need for patience a number of times since. Despite a lot of turmoil, our recent main focus has been quite simple: The ‘blue box of patience.’ The blue box is a S&P 500 trading range and support/resistance zone created by price action since May 12.

Blue box support has been around 5,970, and as long as that support holds, the S&P 500 can continue to grind higher.

Yes, this is a very simple way to analyze a complicated market (and world), but this simple approach has been more effective and less mentally draining that most others.

To wit, here is the top MarketWatch story from Sunday morning. Instead of the 'unpredictable stock market spillover,' the S&P 500 delivered two daily wins.

And, by the way, working smart does not mean being complacent. To see if there are any developments ‘under the hood’ (not expressed by price), the June 15 Profit Radar Report included an in depth breadth analysis. 

This breadth analysis looked at 6 different market breadth metrics, identified the most similar periods in history (there were 23 other signal dates) and how the S&P 500 performed thereafter.

All the details are available in the June 15, 2025 Profit Radar Report update. Continued updates and factual out-of-the box analysis are available via the Profit Radar Report. 

The Profit Radar Report comes with a 30-day money back guarantee, but fair warning: 90% of users stay on beyond 30 days.

Barron's rates iSPYETF a "trader with a good track record," and Investor's Business Daily writes "Simon says and the market is playing along."