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3 Strong Trades Recommended by A.I. Today

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Save Your Spot.

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In Friday’s letter, I wrote:

This is what happened. The market opened with significant momentum, achieving a high of 5725.36, but not before a dip that tested the 5687 level overnight. The defense of this key level proved crucial as we pushed through towards the 5731 area.

See how well the levels work?

For those trading futures, the levels played out very well, especially the rise and subsequent test of the 5687 SPX level. Unfortunately, for those looking to capitalize on the regular session, the market was glued to the 5716 level with no clear direction.

Trading during the regular session was marked by considerable chop, maintaining close proximity to the 5716 level for most of the day.

Now that we’ve chopped & failed to make fresh highs where do we go from here? What levels below are must hold and could present a good opportunity to enter long with the trend?

More in the trade plan below.

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

Levels played out great after another overnight defense of the 5687 level which triggered another rally up to 5725. Always trust the levels.

Now we are sitting in AH right above the key 5708 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

Looking at the daily volume, we saw a green candle but with significantly lower volume, indicating some underlying weakness. Despite pushing higher, we have been unable to make new all-time highs for the last two sessions.

For tomorrow, we have consumer confidence data to look forward to during the session, along with an FOMC member speaking prior to the open. These events may contribute to increased volatility and possibly clearer direction as traders react to the economic data and comments.

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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