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.

First Few Lessons Already Launched - Order Now

Order Now - Mastering Emotions lesson just launched 3/24 and new lesson this week!

In Friday’s letter, I wrote:

This is what happened. In Sunday futures we never needed to test 5123, getting down to 5129 or so and then rallying hard. All the way through the targets above to a high of 5181, just below the 5183 level noted above.

See how well the levels work?

Now that we’ve continued the move higher and worked our way into a new range, when is the first retest? How deep will it be and where must we hold to continue higher?

More in the trade plan below.

The /ES ran from a low of $5155.75 to $5207.75, a 52 point gain.

I could not bring myself to trade today. Felt I missed the best entries and did not want to chase. It would have worked out entering on a small dip (this time) but couldn’t bring myself to do it. More in the trade recap below.

Below, we’ll cover the actionable levels, how I played them today and what they mean for the next session.

Levels from the prior letter were spot on. We never tested the key levels below and it pointed to a move higher. This played out nicely, but if you weren’t already in it was hard (for me at least) to enter. Always trust the levels!

Now we are sitting in AH right above the key 5176 support level. What does this mean and where do we go from here? Read below for my 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

Here is a current check of the daily:

This includes all the way back to 10/4 & all overnight action.

A higher low and higher high. Now out into the new range!

Quick volume check:

Very low volume today and I have that as a warning to watch for confirmation tomorrow.

Tomorrow is very light for data and scheduled 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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