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In yesterday's letter, we wrote:

This is what happened. The levels played out exceptionally well today. After holding the critical 6758 support overnight, we surged to our target of 6797 before dipping slightly at the open. However, the market quickly regained its strength, breaking through the 6797 resistance and running all the way up to 6840, achieving a high of day at 6840.02—just two pennies above our target—before settling into a tight consolidation range as we approached the close. $SPY ( ▲ 0.91% )  $SPX ( ▲ 0.88% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now, with such a strong move upward, the focus shifts to how we maintain this momentum heading into next week. What key supports must we hold to ensure the bullish trend continues?

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 successful defense of our critical supports at 6758 as well as the 6797 reclaim allowed for a powerful rally, reaffirming our bullish bias. Always trust the levels.

Now we are sitting in AH right on the key 6831 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

The volume today, while lower due to the Friday/holiday effect, did not dampen the enthusiasm of the buyers with a decent .9% move higher.

Looking ahead to Monday, it appears to be a quiet day on the calendar with no major scheduled reports or speeches. However, keep an eye on upcoming GDP and consumer confidence data on Tuesday morning, as these could influence market conditions 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 can not 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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