In partnership with

In yesterday’s letter, we wrote:

This is what happened. Today, we successfully defended the critical 7683 support level, which set the stage for a strong rally. The low of the day was recorded at 7693, and from there, we pushed back above the key 7714 resistance. This momentum carried us all the way up through 7726, ultimately reaching a high of 7752.07, landing right at our target of 7751 EXACTLY. $SPY ( ▲ 0.57% )  $SPX ( ▲ 5.34% )  $ES_F ( 0.0% )

See how well the levels work?

Replace 16 supplements in one daily drink.

David Beckham. Giannis Antetokounmpo. Aryna Sabalenka. Inter Miami CF. The world's best choose IM8 because performance starts with what you do every day.

Daily Ultimate Essentials and Longevity deliver a complete, clinically formulated system for energy, digestion, sleep, focus and healthy aging. In a 12-week randomized controlled trial, 95% felt a boost in daily energy, 85% felt less bloated with better digestion, 80% reported better sleep and 75% reported sharper focus and mental clarity.

IM8 is NSF Certified for Sport, tested against 280+ banned substances and recommended by 300+ clinicians. With 50 million servings sold across 46 countries, discover the IM8 routine trusted at the highest levels of sport—and built for everyday life. See the clinical results.

Discover David Beckham's Routine

Now, as we look ahead, we need to consider whether we can maintain this bullish momentum. What key supports must hold now to keep this move alive and where will we drop if they don’t?

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 respect for key 7683 support with a 10 point buffer and push through 7714 (key resistance) led to the swift move up to 7751 exactly. Always trust the levels.

Now we are sitting in after hours right on the key 7740 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

Today’s action was a .5% move higher, supported by decent Friday volume, indicating a solid defense and recovery from the test lower.

As we head into Monday, we are expecting a lighter schedule for data releases, but we will have at least three FOMC members speaking throughout the day. Additionally, it’s wise to keep an eye on developments in the Middle East and any news from the White House over the weekend, as these could influence market sentiment.

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 don’t have to 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.

Subscribe to Premium to read the rest.