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In Friday’s letter, we wrote:

This is what happened. We saw a solid move in Sunday futures, where higher supports held well, leading into a dip right before the open. This dip defended exactly at the anticipated 7561 SPX support, where we indicated long entries were safe. From that point, we rallied through 7590 and 7605, almost reaching the next target of 7628, while pushing further into fresh all-time highs. $SPY ( ▲ 0.27% )  $SPX ( ▲ 0.26% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now, as we celebrate a successful day, the question remains: how much further can we go? What levels must we hold to maintain this bullish momentum?

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 at 7561 was critical, and it was an incredible entry that ran all the way up to 7617.66. Always trust the levels.

Now we are sitting in after hours right on the key 7601 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.

Trading Plan

Today’s performance was a commendable .25% move higher on average volume.

Looking ahead, tomorrow brings at least two FOMC members speaking, alongside key JOLTS jobs data in the morning. Additionally, keep an eye on any developments from the Middle East, as they will influence market sentiment.

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.

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