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In Friday’s letter, we wrote:

This is what happened. We had quite the sell overnight down to defend at key levels and then bounce, but we sold even harder after the open. We saw a significant dip and defense at the 5868 level, which turned out to be the key to going long. From there, we ran up to a high of 5920.67, achieving a remarkable 50+ point move.

See how well the levels work?

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The defense at 5868 was crucial for maintaining the upward trajectory, and it's a testament to the effectiveness of monitoring these key levels.

Now that we’ve had yet another dip and defense of critical support below, can we make some sustained continuation higher? What levels are must hold now?

More in the trade plan below.

Below, we’ll cover the actionable levels, how I played them today and what they mean for the next session.

Levels played out great. Again, the 5868 level was critical defense and reclaim for a long entry for a 50 point rally. Always trust the levels.

Now we are sitting in AH right on the key 5915 support level. What does this mean and where do we go from here? Read below for my 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's price action demonstrated another very bullish dip and defense, supported by good volume, which indicates strong buyer interest.

Looking ahead, tomorrow we have unemployment data before the open, existing home sales, and at least four FOMC members speaking, all of which could influence market dynamics. Traders should remain alert to these events as they could lead to increased volatility.

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.

Savvy Investors Know Where to Get Their News—Do You?

Here’s the truth: there is no magic formula when it comes to building wealth.

Much of the mainstream financial media is designed to drive traffic, not good decision-making. Whether it’s disingenuous headlines or relentless scare tactics used to generate clicks, modern business news was not built to serve individual investors.

Luckily, we have The Daily Upside. Created by Wall Street insiders and bankers, this fresh, insightful newsletter delivers valuable insights that go beyond the headlines.

And the best part? It’s completely free. Join 1M+ readers and subscribe today.

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