In partnership with

3 Strong Trades Recommended by A.I. Today

There are thousands of good trade opportunities happening right now as you read this.

Attend today’s free live class because you’ll learn the top three trades our artificial intelligence is recommending.

Prepare to be amazed as we forecast the best trades in real-time.

Save Your Spot.

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.

In yesterday’s letter, I wrote:

This is what happened.

After an opening pop we lost 5503 and 5476 which lead to a sell all the way down to a low of 5402 on SPX - hitting all targets.

See how well the levels work?

I shorted the failure of 5476 as anticipated, and it turned out to be a decent trade.

Now that we have dipped to levels not seen since early-mid August, how much deeper could we go? What is the next big line in the sand to avoid an even deeper retracement? What targets above put bulls at ease?

More in the trade plan below.

The levels worked impeccably. As I mentioned in the pre-opening bell note, we had to hold 5503 after the overnight moves to avoid a move lower, once we lost that, we quickly fell back to the downside. We lost both the 5503 and 5476 levels, leading to a downward spiral that saw us touch 5402 right at a key level of support.

Now we are sitting in AH right above the key 5399 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

Today’s trading session was quite disastrous on the daily chart, plunging back to levels not seen since mid-August. Interestingly, volume was higher than any session since August 5th, raising the question of whether we witnessed capitulation today.

Looking ahead, Monday appears to be a lighter day in terms of data and scheduled events, with just a couple of minor reports on the calendar. However, I recommend keeping an eye on any developments coming out of the Middle East or domestic news over the weekend, as they could potentially influence market sentiment in the early part of next week.

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.

Subscribe to Premium to read the rest.