In yesterday’s letter, we wrote:

This is what happened. After a dip overnight, we successfully defended the critical 7569 support level, which set the stage for a rally. This upward momentum propelled us through 7586 and 7604, with multiple retests along the way, eventually reaching a high of day at 7652.76 just above the key 7647 target before we saw consolidation and a pullback into the close. $SPY ( ▼ 0.35% ) $SPX ( ▼ 4.85% ) $ES_F ( 0.0% )

See how well the levels work?

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Now, as we wrap up this session, we must consider how we can navigate potential volatility ahead. Which levels must we defend, and where can we look for opportunities if we face downside pressure?

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 defense of 7569 proved to be crucial. Always trust the levels.

Now we are sitting in after hours right on the key 7592 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.

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Today’s action resulted in a modest decline of 0.35% amid the consolidation and selling pressure.

Looking ahead, tomorrow brings key PPI data prior to the open, along with multiple FOMC members speaking. Additionally, we will need to keep an eye on developments surrounding the AI/Nvidia fallout.

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.