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In yesterday’s letter, we wrote:

This is what happened. We saw the overnight dip and defense at 6514, which set the stage for a significant run-up. The SPX moved through the key levels, testing 6588 and continuing its ascent, even backtesting the 6571 level effectively. The day ultimately closed with a high of 6609.67, just shy of our final target of 6617, showcasing the strength of the upward momentum. $SPY ( ▲ 0.75% )  $SPX ( ▲ 0.72% )  $ES_F ( ▲ 0.72% )  

See how well the levels work?

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Now, with market dynamics shifting and new drivers on the horizon - what lies ahead? How will the reaction to major events like Trump’s big speech impact our levels? Where can we find the next potential support as we navigate this bullish trend?

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 played out perfectly, particularly at 6514, reinforcing the importance of our dip and defense strategy. Always trust the levels.

Now we are sitting in after hours right on the key 6576 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 move represented a solid .7% increase on good volume, indicating strong buying interest.

Looking ahead to tomorrow, we have to consider the reaction to Trump’s speech, which could introduce volatility. Additionally, key unemployment data will be released prior to the open, along with at least two FOMC members speaking throughout the day. These factors will be crucial in determining market direction and should be monitored closely as they unfold. For the speech, it’s probably less important what is said versus if the world believes it.

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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