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In yesterday’s letter, we wrote:

This is what happened. The market executed the levels we outlined. Following an overnight dip below the key 6322 level,we saw a robust defense that propelled us through crucial resistance points at 6351, 6365, and 6379 - then continuation through 6399 in the regular session triggering a squeeze through 6419, 6438 and 6459 to high of day 6539, marking a remarkable 3% move higher. $SPY ( ▲ 2.91% )  $SPX ( ▲ 2.91% )  $ES_F ( ▲ 2.86% )  

See how well the levels work?

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Now, as we celebrate this impressive rebound, the question remains: can we sustain this upward trajectory? What levels must we hold to continue this bullish momentum, and where might we face potential resistance?

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.

Today’s performance highlighted the importance of maintaining a cautious but opportunistic approach. The defense at 6322 and subsequent rally through our targets not only validated our levels but also showcased the market’s capacity for recovery. Always trust the levels.

Now we are sitting in after hours right on the key 6524 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.

Trading Plan

Today was a massive 3% move higher on heavy volume.

Looking ahead to tomorrow, we have a packed economic calendar with key retail sales, PMI, and employment data scheduled for the morning, along with at least two FOMC members speaking. Additionally, we must remain attentive to the market’s reaction to the latest news concerning Iran, as geopolitical factors significantly influence trading sentiment. Let’s see how much the market believes the latest from the administration!

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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