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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.

In yesterday’s letter, I wrote:

This is what happened. The market opened strong and we reclaimed the 5610 level overnight, which set the stage for a rally. We pushed up to a high of 5651.37 before experiencing the sell off. We defended the 5582 level well, allowing us to rally back up again. The price action showed a healthy movement, confirming that the bullish sentiment remains intact.

See how well the levels work?

The initial reclaim of 5610 was crucial, and once we broke through 5630, the momentum carried us higher, with the 5650 mark proving to be a significant level of resistance.

Now that we are firmly back at the top of the range, what do we do next? It is important to monitor how the market reacts in the upcoming sessions, especially with PMI data scheduled for Tuesday.

More in the trade plan below.

The $SPY 4DTE 565 calls ran from a low of $9 to $106 for 1,078% gain.

I initially tried these too early and took some profits, but I was able to re-enter on the defense of 5582 and let them run for a much better outcome. 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.

Overall, the levels played out perfectly today, and the reclaim of 5610 was pivotal. We saw a solid rally to 5630, a dip to defend at 5582, and a strong finish back up to 5651, just above the 5650 level.

Now we are sitting in AH right above the key 5640 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 1/5 & all overnight action.

On the daily, we v-recovered back to top of range.

Quick volume check:

Volume picked up a bit today, though still less than yesterday's session. With Tuesday’s PMI report during the session, we should be prepared for potential volatility and further market reactions.

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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