In partnership with

In Friday’s letter, we wrote:

This is what happened. Today was a rollercoaster as both bullish and bearish scenarios played out multiple times. We started with a dip but defended the critical support level of 6799. This allowed for a bounce back up to 6815 just before the market opened. However, the excitement was short-lived as we managed to push up to 6841 before facing a rejection, leading to a drop below 6830 and ultimately losing the 6799 level. This triggered a move down through 6785 and almost to our lower target of 6772 before the market found support and rallied back, pushing through 6841 to reach a high of day at 6866.99, just above our target of 6862. $SPY ( ▼ 0.57% )  $SPX ( ▼ 0.61% )  $ES_F ( 0.0% )  

See how well the levels work?

Go from AI overwhelmed to AI savvy professional

AI keeps coming up at work, but you still don't get it?

That's exactly why 1M+ professionals working at Google, Meta, and OpenAI read Superhuman AI daily.

Here's what you get:

• Daily AI news that matters for your career - Filtered from 1000s of sources so you know what affects your industry.

• Step-by-step tutorials you can use immediately - Real prompts and workflows that solve actual business problems.

• New AI tools tested and reviewed - We try everything to deliver tools that drive real results.

• All in just 3 minutes a day

Join 1M+ pros

Now, what’s next? With a massive consolidation day under our belt - where must we hold tomorrow and what is next target if we do?

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 6799 and the reclaim of 6841 were key moments that gave direction both long & short. Always trust the levels.

Now we are sitting in AH right on the key 6850 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.

Like coffee. Just smarter. (And funnier.)

Think of this as a mental power-up.

Morning Brew is the free daily newsletter that helps you make sense of how business news impacts your career, without putting you to sleep. Join over 4 million readers who come for the sharp writing, unexpected humor, and yes, the games… and leave feeling a little smarter about the world they live in.

Overall—Morning Brew gives your business brain the jolt it needs to stay curious, confident, and in the know.

Not convinced? It takes just 15 seconds to sign up, and you can always unsubscribe if you decide you prefer long, dull, dry business takes.

Subscribe for free

Trading Plan

Today’s trading session ended as a massive consolidation day, finishing flat right above the important 6841 support level.

Looking ahead, we have durable goods orders releasing before the open, along with the minutes from the last FOMC meeting scheduled for the afternoon, both of which could add volatility to tomorrow’s trading.

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.

Subscribe to Premium to read the rest.