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In Friday’s letter, we wrote:

This is what happened. The levels were incredible as Sunday Futures opened, and we dropped and defended right off the 5990 SPX level, which acted as a pivotal support. Once we held above this key level, it was all upward momentum from there, pushing all the way up to a high of 6073.38, surpassing our 6068 target and running over 80 points from the initial defense.

See how well the levels work?

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We successfully traded the defense on the dip and reclaimed the 6055 level, which led us to the high of the day. This trade demonstrated the effectiveness of sticking to our planned levels and reacting to price action.

Now that we have broken through significant resistance, where do we go from here? The market has shown strong bullish behavior today, but with tomorrow's events on the calendar, we should remain cautious.

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 direct defense of the 5990 SPX level at the major drop in Sunday futures was key to setup a long entry that rallied 80+ points and was a key indicator of the move higher. Always trust the levels.

Now we are sitting in AH right on the key 6054 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.

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.

Trading Plan

Today’s bounce back was decent; however, it occurred on very light Monday volume. Keeping an eye on broader market reactions will be crucial as we navigate through this week.

We have Powell testifying during the regular session tomorrow along with three FOMC members speaking. These events could introduce volatility and influence market direction, so be prepared for potential swings.

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.

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