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In yesterday’s letter, we wrote:

This is what happened. We witnessed the dip and defense at 6301 before the open that led us to a run up to 6341. This was followed by a retest and a breakout that carried us all the way up near our target of 6363, hitting a high of 6360.64. $SPY ( ▼ 0.13% )  $SPX ( ▼ 0.12% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now that we got the breakout and fresh all time highs - where do we go from here? Where is must hold (now) below us and what is next major target above?

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 dip & defense at 6301 and the 6341 breakout were major signs that the market wanted higher. Always trust the levels.

Now we are sitting in AH right on the key 6362 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

For today, we enjoyed a solid move higher of about 3/4% on great volume. Looking ahead to tomorrow’s trading, we have a busier day lined up with unemployment PMI and new home sales data set to be released. Additionally, keep an eye on broader economic narratives, including trade deals and any news surrounding high-profile figures like Trump and Epstein, which could influence market sentiment.

Overall, the market remains in a bullish phase, and as long as we maintain our key levels, there are opportunities for continued upside.

I am 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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