Tuesday November 18 2025 SPY SPX ES Actionable Levels

$SPX loses critical level to fall significantly before making up ground and reclaiming support into the close. How much deeper for $SPY?

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In Friday’s letter, we wrote:

For Monday, we’re closely watching the key SPX levels of 6672, 6729, 6752, and 6793. With today’s major dip & defense of the key 6733 support level and a V-shaped recovery to close right on it, our bias remains to the upside-with the reclaim holding. We’ll look to buy on a retest of 6733 or on a breakout above 6752.

If we lose 6729, however, we’ll flip short for an initial move to 6709 and 6690, with 6672 as the next support. A breakdown below 6672 would trigger a more aggressive sell-off into 6660, 6649, and potentially 6637.

This is what happened. We literally called the high and low of the day. We saw a significant dip to the 6729 level in the futures overnight, which set the stage for a strong rally that took us all the way past the 6768 SPX level. However, after a brief run-up, we faced another dip prior to the open. In the regular session, we successfully reclaimed 6729 and surged up to a high of day at 6754, right at our target of 6752. But the market ultimately rejected this level, leading to a loss of 6729 and triggering the sell. This move cascaded down through all downside supports, culminating in a low of day at 6638.9, right on our critical support level of 6637 before defending, and running all the way to close (where else) right at our 6672 key level. $SPY ( ▼ 0.93% )  $SPX ( ▼ 0.92% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now, as we reflect on today’s action, we must ask ourselves: where do we go from here? Today was a major 140 point range in the index where we ended up having a massive dip & defense of the key 6672 level. At lows of the range, do we defend and retrace higher or do we fall out the bottom?

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 of 6729 and 6672 triggered massive sell all the way to final downside support at 6637 (low of day 6638.9) before we defended and then reclaimed 6672 (at the close). Always trust the levels.

Now we are sitting in AH right on the key 6675 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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Trading Plan

Today marked a massive 140-point range day, closing 1% lower on very high volume, indicating strong market participation.

Looking ahead to tomorrow, we have at least three FOMC members speaking throughout the day, as well as factory order data in the morning. These events could greatly influence market sentiment and price action, so staying alert will be key.

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.

For tomorrow, we’re closely watching the key SPX levels of…

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