Monday April 28 2025 SPY SPX ES Actionable Levels

$SPX continues higher for a 4th session. Is $SPY all up from here?

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In yesterday’s letter, we wrote:

For tomorrow, we're closely watching the key SPX levels of 5513, 5480, and 5468.

If we get a dip and defense at 5480 or a direct defense at 5468, those would be solid long setups. But the more likely scenario is that we test lower levels before the long setups materialize. A failure of 5468 would trigger a short entry with initial targets at 5456...

If we do get a long entry off a strong defense of 5480/5468 or a clean breakout above 5499, we can push to 5513 and then 5530.

This is what happened. Overnight session began with a test of those key levels, and we indeed dropped to 5456 before reclaiming both 5468 and 5480, which led to the upward movement. As anticipated, we continued battling at 5499 before experiencing a slight pullback and another short opportunity below 5468 to hit 5456 exact before surging higher - all the way up to the 5530 target as indicated. $SPY ( ▲ 0.72% )  $SPX ( ▲ 0.74% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now that we’ve moved higher for a fourth session, what does the current market landscape look like? What levels do we need to focus on to maintain bullish momentum, and where should we be cautious?

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 held strong as we reclaimed both 5480 and 5468 to run higher throughout the day. The market saw a solid upward bias, even though we faced resistance near the 5530 level. Always trust the levels.

Now we are sitting in AH right on the key 5523 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’s movement was a respectable 0.75% increase on lower Friday volume.

As we look to Monday, the day appears quiet in terms of scheduled reports or speeches. However, we should remain vigilant for any developments concerning tariffs or trade negotiations that could impact market sentiment-even over the weekend.

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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