Monday April 21 2025 SPY SPX ES Actionable Levels

$SPX holds key level overnight to rally only to chop during the day with an attempted breakout. Is $SPY about to sell on mounting concerns?

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In yesterday’s letter, we wrote:

For tomorrow, we're closely watching the key SPX levels of 5228, 5248, and 5297. We had a decent bounce into the close today, but we need to approach any long setups with extreme caution…it's too risky in our view to long a reclaim of 5280 without a dip first—unless we break out cleanly through 5297. That level opens the door to a stronger move higher and would be another spot to consider a long entry.

If that breakout plays out, we can push up through 5315 and 5329…

This is what happened. The levels played out tremendously well with a solid overnight defense at 5265, allowing for a rally up to 5342 before we lost 5280 right after the open. Then we saw 5297 stop becoming resistance and becoming support as the breakout occured. The move ran to 5320 and peaked at 5328.31, just shy of the 5329 target we had identified. Then we slid back into the close, where we were able to bounce again at the 5280 support. $SPY ( ▲ 0.14% )  $SPX ( ▲ 0.13% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now that we navigated through today’s trading, where do we stand moving forward? What levels and targets should we keep in mind, and how can we manage risk amidst the current market conditions?

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 levels were spot on, the 5265 defense, the 5297 rejection and then breakout long to 5329 target! Always trust the levels.

Now we are sitting in AH right on the key 5287 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.

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Trading Plan

Today was a chopfest in a tighter range on lower volume. As we head into the long weekend, be on the lookout for news regarding tariffs and deals that could impact the market.

On Monday, we have at least one FOMC member speaking during the day, which could bring additional volatility and trading opportunities. Stay alert and plan your trades carefully!

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.

For Monday, we’re closely watching the key SPX levels of…

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