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In yesterday’s letter, we wrote:

This is what happened. The market opened strong today, and our levels performed excellently. After holding the crucial 7031 support overnight, we were able to push through resistance at 7043 and 7058, reaching a high of 7073. The momentum carried over into the regular session, leading to a fantastic surge that took us all the way to a high of 7147.52—right at our target of 7145. $SPY ( ▲ 1.21% )  $SPX ( ▲ 1.2% )  $ES_F ( ▲ 1.19% )  

See how well the levels work?

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Now, as we bask in the glow of all-time highs, the question is: how do we maintain this upward trajectory? What levels should we defend to ensure we don’t see a retracement?

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 ability to hold above 7031 overnight proved to be a bullish signal. Always trust the levels.

Now we are sitting in after hours right on the key 7125 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 impressive 1.2% move higher on strong volume confirms that buyers are in control. It’s important to keep an eye on market sentiment as we approach potential resistance points.

Looking ahead to Monday, we have a quiet day in terms of scheduled reports or speeches. However, it’s wise to stay alert for any developments regarding Middle East agreements, as these could impact market dynamics significantly.

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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