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In yesterday’s letter, we wrote:

This is what happened. Yesterday we had indicated caution on the long side until we reclaim 7718 and hold it - we were unable to do this overnight as we bounced around this very chop zone. Then in the regular session, we were unable to hold the critical 7681 level, which triggered a sharp decline through 7667 & 7652 ultimately falling to a low of 7639, just above the 7636 target we had outlined. $SPY ( ▼ 0.84% )  $SPX ( ▼ 0.87% )  $ES_F ( 0.0% )

See how well the levels work?

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Now, with the market showing significant weakness, it's essential to reassess our strategy. Where do we find support amidst this drop? What levels need to be reclaimed for a potential recovery?

More in the trade plan below.

Below, we’ll cover the actionable levels, how we played them today and what they mean for the next session.

The failure to hold the 7681 support was a pivotal moment today. As we anticipated, once that level was breached, it set off a cascade of selling, leading to a substantial move lower. Always trust the levels.

Now we are sitting in after hours right on the key 7647 support level. What does this mean and where do we go from here? Read below for our trade plan which includes actionable support & resistance levels, outlook for the next session and today's trade recap.

Learn the system to make 1-3 low risk, high reward trades per day using SPY/SPX options.

If you are enjoying this letter, consider sharing with a friend! We even have a referral program where you can earn free subscription time for referring others that sign up for a paid subscription.

Don’t miss the Topic Directory - Getting lots of questions that are answered in here.

There seems to be some confusion as to the premium subscription and the discord chat. If you are premium and you do not have access to the “Premium Members Only” channels including “members-only” please authenticate yourself in the “bot-request-premium” chat. Or send me a DM in the discord!

Also - if you missed it - join our chat during market hours for premium subscribers. We are now leveraging discord for this. Link is at the very bottom of premium content: Trading Plan section below.

Trading Plan

Today's session resulted in a massive 0.9% drop on high volume, indicating strong selling pressure.

Looking ahead to tomorrow, we have manufacturing PMI data scheduled to be released, and we will also be keeping a close eye on developments from the Trump Administration, which could further impact market sentiment.

We are receiving some great questions from beginners. This is helping us develop guides for this group as well as the course. More to come but we’ve created a separate channel in the discord just so you don’t have to be shy about bringing those questions to the group. No question is dumb, we grow stronger together!

In fact, we’ve created this single resource as a guide. It is a living document and we will continue updating it. You must be logged into the site to read it:

https://letter.spyoptionsactionablelevels.com/p/strategy-guide-the-basics

As readers know trading after a massive move in either direction is risky.

Trying to predict when trend will break is a fool’s game because the trend can be stronger than you ever realize.

Going with the trend is hard because it has already run so far (or dropped) and move may be close to over.

All you can do is pick your entries carefully and with proper position sizing. Trading out 1-3 DTE or further also helps soften the blow.

Yes it will decrease the amount of profit but will greatly help keep you in a trade long enough to see return.

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