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Order Now - Mastering Emotions lesson launched 3/24 and new lesson soon.

In Tuesday’s letter, I wrote:

This is what happened. Between after hours Tuesday through the holiday Wednesday and early AM hours today we defended 5483 eventually ran all the way up through the 5511 level. Then, by the open of the session we had sold some of this off and hit 5505.53 as today’s high.

We chopped and slowly the selling picked up pace after losing 5483 key level to bring us down all the way to a low of 5455.56 after losing the 5463 level.

Then we rallied a bit and held 5463 by the close.

See how well the levels work?

Now that we’ve had our first red day in many, do we continue? What is the significance of the 63 hold into the close and where is must hold tomorrow?

More in the trade plan below.

The $SPX 0DTE 5440P’s ran from a low of $20 to $345 for 1,625%.

I traded these from $30 to $215 for 617%. I was not able to call this out in the chat unfortunately - too fast. This was a scalp and that was the only trade I had today. More in the trade recap below.

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

After we lost 5483 we had a pretty strong direction that we would see 5463. The loss of 5463 (after initial defense) was brief but actionable. Both longs and shorts worked if you waited patiently to get a good long entry. Always trust the levels!

Now we are sitting in AH right above the 5471 key support level. What does this mean and where do we go from here? Read below for my 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.

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Trading Plan

Here is a current check of the daily:

This includes all the way back to 1/5 & all overnight action.

A stab up to new ATH then finally a dip.

Quick volume check:

Decent volume but less than last green spike.

Tomorrow we have PMI and home sale data as well as triple witching.

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

In fact, I’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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