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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.

Reminder - I will never direct message you and ask you to trade with me or deposit money into an account. Even if it looks like me it is a scam. I wish I had ways to prevent those on social networks impersonating me. All I have is this letter which the premium subscription-only through beehiiv, opens up the discord.

First Few Lessons Already Launched - Order Now

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

In yesterday’s letter, I wrote:

This is what happened, for the most part. Overnight we did not need to test 5301 and it was extremely bullish giving way to the open of the session for a rally up to 5325.59 high of day and then a reversal, where we chopped and slowly bled all the way down to test 5301 and bounce. At the very end of the day we lost 5301 hitting a low of 5296.19.

See how well the levels work?

Now that we’ve had a bit of a sell, how much retracement is left before we can continue higher? What key levels must hold now to avoid a much deeper sell?

More in the trade plan below.

The $SPY 4DTE 531C ran from a low of $119 to $210 per contract = 76% gain.

I traded these called out in the chat from $160 to $200. This was my only trade. I was able to take half off and then scale out as usual. 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.

Levels from the prior letter were amazing. The overnight hold and not needing to test lower led to a rally out of the gate. Then, rest of the day was the reverse, all trend down and choppy - the primary level had a few tests in it before finally giving up. Always trust the levels!

Now we are sitting in AH right above the key 5290 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.

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.

Trading Plan

Here is a current check of the daily:

This includes all the way back to 10/4 & all overnight action.

Fresh all time highs and then a dip down to close red.

Quick volume check:

Lower volume on the choppy, flat day.

Tomorrow we have a couple FOMC member speeches during the trading session.

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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