In partnership with

In Thursday’s letter, we wrote:

This is what happened. After the overnight loss of the critical 6557 level, we witnessed a sharp decline down to 6543, where we defended perfectly at 6529 before bouncing back strong. This move propelled us up to the 6616 target,which had been set in our previous analysis. Then we consolidated between the 6580 support (low of day 6579.72)before running all the way up and testing the 6616 target. $SPY ( ▲ 0.47% )  $SPX ( ▲ 0.44% )  $ES_F ( ▲ 0.69% )  

See how well the levels work?

Your tax bill is bigger than your investment portfolio

You're making great income and losing half of it to taxes every year. Cash-flowing Airbnb properties fix both sides: real tax savings and monthly income without you becoming a real estate operator.

We handle 95% of it. 500+ properties closed for 260+ clients in four years. 75% come back for property number two because the first one actually works.

Check out our deals here.

_{We are not a tax firm. Not licensed CPA’s, and we do not represent ourselves as such.}

Now, as we consolidate after a lovely dip & defense, can we maintain this momentum and push through the next resistance points? What levels will we need to hold to ensure the uptrend continues?

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 bounce back from the exact support at 6529 as well as the recovery of 6557 were critical moments and foretold the direction for the day, even amidst the volatility. Always trust the levels.

Now we are sitting in after hours right on the key 6609 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.

The 15-Minute Retirement Plan

Retirement savings face two quiet threats: cash flow gaps and inflation eroding purchasing power over time. The 15-Minute Retirement Plan helps investors with $1,000,000 or more account for both and build a portfolio designed to last the distance.

Download your free guide.

Trading Plan

Today’s market saw a nearly 1/2% move higher on lower volume, indicating some caution in the market as participants await news on Iran.

Looking to tomorrow, we can expect key employment data to be released, along with speeches from at least two FOMC members. These events could greatly influence market direction, so we must remain prepared for potential volatility.

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.