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In Thursday’s letter, we wrote:

This is what happened. The market opened lower as anticipated, losing the crucial support of 5837 early on and triggering downside targets which led to a drop all the way down to 5734 before a notable bounce. After the dip, we opened the regular session at 5769, rallying to just under 5831 before dipping again into the close and finishing just above the 5795 level. It was a day where the levels played out effectively, guiding our expectations. $SPY ( ▼ 0.68% )  $SPX ( ▼ 0.67% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now that we've seen this volatility play out, where do we go from here? What levels do we need to reclaim to feel bullish again and what supports must hold to prevent further downside?

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.

Overall, levels worked beautifully as we navigated through the volatility of the day. The loss of 5837 led us down to our targets of 5816 and 5795 and even further to 5734, where we finally found support and bounced back. Always trust the levels.

Now we are sitting in AH right on the key 5800 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 was marked by a great dip but a significant rally off the lows on very high volume. It seems the market is continuing to react to tariff uncertainty ahead of the holiday weekend.

Looking forward to Tuesday, we have an action-packed day with at least three FOMC members speaking, along with durable goods orders and consumer confidence data being released. Be prepared for potential volatility as the market digests these events!

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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