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In yesterday's letter, we wrote:

This is what happened. Overnight, SPX tested the critical 6516 support multiple times but managed to defend it. The market then rallied, reaching as high as 6579 SPX (exactly) before facing rejection. During the regular session, we couldn’t reclaim that 6579 level, which led to a drop below 6545, hitting a low of 6521 near the 6516 target before bouncing back strongly and taking out all resistance targets above before dipping and holding 6596 into the close. $SPY ( ▼ 1.08% )  $SPX ( ▼ 1.07% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now that we’ve seen a bounce, the question remains: can we sustain this momentum? Where do we need to hold to avoid further downside, and what levels should we watch for potential rejections?

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 rejection off 6579 was significant, but the subsequent rally past 6545 and onward to 6660 demonstrates the market’s resilience. We managed to close at 6596, supporting our view that this level is critical moving forward. Always trust the levels.

Now we are sitting in AH right on the key 6612 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.

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Trading Plan

Today was marked by a robust 150-point range, ultimately resulting in a 1% bounce higher after yesterday’s decline, all on high volume.

Looking ahead to Monday, we have a relatively light day in terms of data or scheduled events. However, we advise keeping an eye out for any weekend news regarding tariffs or foreign policy decisions, as these could impact the market 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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