Thursday May 15 2025 SPY SPX ES Actionable Levels

$SPX chops, consolidates on this rangebound day. Where is $SPY's next move?

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In yesterday's letter, we wrote:

For tomorrow, we're closely watching the key SPX levels of 5874, 5849, and 5836. As long as we hold 5836 (at minimum), this move higher remains intact, and we want to continue looking for long opportunities. These could come from a dip and defense at 5874, 5862, or 5849, or even a direct defense of 5836.

If that defense holds, we can push up toward 5898 and 5926.

This is what happened. The levels played out exceptionally well today. We saw a dip below 5874, but it was defended effectively, allowing us to push up to the 5898 target, hitting that level precisely at 5897.38. Overnight, we experienced the same pattern, defending at 5874 before rallying up near 5916 SPX. The market was able to maintain the bullish momentum after the defense and confirmed the levels we highlighted yesterday. $SPY ( ▲ 0.13% )  $SPX ( ▲ 0.1% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now, looking ahead, how do we navigate the next trading session? What levels must break above and below to break free from consolidation?

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 we incredible today with multiple defenses precisely at the 5874 level that then rallied decently despite the choppy consolidation. Always trust the levels.

Now we are sitting in AH right on the key 5886 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.

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Don’t miss the Topic Directory - Getting lots of questions that are answered in here.

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Trading Plan

Today was notably a choppy consolidation day, trading within a tight 35-point range but on decent volume, indicating some interest in the market despite the fluctuations.

Tomorrow promises to be jam-packed with economic data, including PPI retail sales, unemployment figures, Powell’s speech, and at least one FOMC member speaking during the session. These events could introduce more volatility and provide fresh trading opportunities, so stay alert and prepared for potential market reactions.

I am receiving some great questions from beginners. This is helping me develop guides for this group as well as the course. More to come but I’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, I’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.

For tomorrow, we’re closely watching the key SPX levels of…

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