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In Friday’s letter, we wrote:

This is what happened. The market opened with strong momentum after successfully defending the critical 6612 level during Sunday futures, which laid the groundwork for a bullish session. As anticipated, we broke through the 6645 resistance and continued to surge, peaking at a high of 6715.75, right at our 6710 upside target. $SPY ( ▲ 0.94% )  $SPX ( ▲ 0.91% )  $ES_F ( 0.0% )  

See how well the levels work?

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Now, with such a significant move higher, the question is whether we can sustain this momentum. What levels must we hold to avoid a pullback, and where should we look for fresh long entries?

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 of 6612 was crucial, providing a solid foundation for the rally. Ultimately we ran all the way to 6715 and settled at 6705 - right at our final resistance target of 6710. Always trust the levels.

Now we are sitting in AH right on the key 6708 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.

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Trading Plan

Today’s impressive 1.5% move was achieved on lower holiday week volume, suggesting that while the upward momentum is strong, it may be prudent to watch for potential volatility ahead.

Looking ahead to tomorrow, we have a busy day lined up with PPI, retail sales data, and pending home sales data to be released. These economic indicators could significantly influence market direction, so it’s vital to remain alert and ready to adapt our strategies as the data unfolds.

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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