It last fired in November 2023. Here's what happened next — and why I'm watching the monthly chart right now. There's one setup in our system that we don't chase. We wait for it. The Monthly TTM Squeeze. Most traders live on the daily chart. Daily squeezes fire constantly — good for quick trades, but low conviction. The monthly chart is different. Compression here builds for months before it releases. And when it releases, the resulting move isn't measured in days. It's measured in months. This is Gem #2 in our system for a reason. Here's exactly what happened in November 2023: The monthly TTM Squeeze on SPX had been building compression for months. When those dots turned green and the histogram flipped positive in November 2023, SPX was sitting around 4,200. What followed was a sustained, near-uninterrupted move to the 6,000s. That's not a trade. That's a campaign. What I need to see to treat this as real: 📍 Monthly squeeze dots on SPX — compression continuing to tighten (currently building) 📍 ADX turning up alongside the squeeze release — confirms real momentum, not a fakeout 📍 Monthly histogram flipping from red to green on release — this is the trigger Until all three confirm, this lives on the watchlist — not in a trade. That discipline is what separates the setups that actually work from the ones that just looked good. The November 2023 fire was one of the cleanest Gem #2 setups I've seen. I was watching it build for months before it triggered. I'm watching again now. Comment SQUEEZE and I'll send you exactly how we track this setup inside OTB. — Henry | OTB 🎯 Educational purposes only. Not financial advice. Past chart patterns do not guarantee future results. Options trading involves substantial risk.