Tuesday August 11 2026 SPY SPX ES Actionable Levels

$SPX dips & defends key support overnight to run and then consolidate in regular session. Where must $SPY defend after the rest?

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In Friday’s letter, we wrote:

For Monday, we’re closely watching the key SPX levels of 7717, 7733, 7747, and 7769. As long as critical supports below us continue to hold, our bias remains bullish and we’ll look to get long on a dip & defense at 7747 or 7733, with a hold in overnight and Sunday futures at 7754 or a breakout above 7769 also serving as valid long triggers. From there we can target 7783

This is what happened. In the Sunday futures session, we witnessed a dip that successfully defended the 7747 level, allowing us to rally up through 7769, coming within just 10 points of our target of 7783. We then consolidated sideways and ultimately settled around the 7754 level, showcasing the strength of these support zones. $SPY ( ▼ 0.03% )  $SPX ( ▼ 0.06% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now, with the market showing rest and consolidation around critical support, the question remains: can we hold these supports through the employment data tomorrow? If we don’t, what is next big downside target?

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 defense of 7747 and the consolidation within the key support levels were prime examples of them doing their job. Always trust the levels.

Now we are sitting in after hours right on the key 7749 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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Trading Plan

Today’s action was characterized by a flat, consolidation day, ending largely unchanged on lower volume.

Looking ahead, we have employment data to digest before the market opens tomorrow and all eyes on CPI Wednesday so it will be essential to stay alert for any reactions that could impact our trading strategy in the coming sessions.

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.

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

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