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In Friday’s letter, we wrote:

This is what happened. The market opened the week with significant volatility as we navigated through the key levels we had been monitoring. Originally, we lost the critical 6703 level in Sunday futures, which triggered a drop to a low of 6577during the overnight session. However, the regular trading session saw a remarkable turnaround as we successfully reclaimed 6666, 6678, and 6703, propelling us upward to test and surpass the resistance levels at 6745, 6765, and finally reaching a high of day at 6810.44. $SPY ( ▲ 0.88% )  $SPX ( ▲ 0.83% )  $ES_F ( ▼ 1.34% )  

See how well the levels work?

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Stress Less, Focus More

Now, with such a dramatic move back above key levels, the question arises: can we maintain this momentum? What key resistance must we knock out and which critical supports must we hold above to confirm a continuation of this rally?

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 loss and then recovery of 6703 SPX was critical as we first had a 120+ point drop from there and then a 107+ point recovery. Always trust the levels.

Now we are sitting in after hours right on the key 6787 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

The day concluded with a massive range in trading, particularly considering the overnight activity, resulting in an impressive .83% move higher on extremely heavy volume. This type of volume indicates strong participation and interest in the market, suggesting that traders are actively engaging.

Looking ahead, it will be important to monitor the news from the White House regarding the Middle East. Additionally we have jobs data prior to the open with existing home sales data post-open.

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 can not 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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