- SPY Options Actionable Levels
- Posts
- Wednesday July 29 2026 SPY SPX ES Actionable Levels
Wednesday July 29 2026 SPY SPX ES Actionable Levels
$SPX pushes through and faces resistance at tough level. Where does $SPY head on FOMC?
In yesterday’s letter, we wrote:
For tomorrow, we’re closely watching the key SPX levels of 7408, 7421, 7434 and 7450. With today’s bounce and recovery of key support into the close, we’re cautiously optimistic for a move higher Tuesday. That would require a clean breakout above 7421, which would open the path to 7434 and 7450. Safer long entries can be taken once we clear 7450.”
This is what happened. The market responded well today, achieving the anticipated breakout above the 7421 level. This move allowed us to push through to 7434 and eventually reach a high of day at 7452.09, right at our identified resistance of 7450. However, despite the strong upward momentum, we were unable to clear the 7450 level (and therefore safer longs), leading to some chop into the close around the 7434 support. $SPY ( ▲ 0.24% ) $SPX ( ▲ 0.21% ) $ES_F ( 0.0% )
See how well the levels work?
Speak naturally. Send without fixing.
Wispr Flow turns your voice into clean, professional text you can send the moment you stop talking. Not rough transcription you have to clean up. Actual polished text — ready for email, Slack, or any app.
Speak the way you think. Go on tangents. Change your mind mid-sentence. Flow strips the filler, fixes the grammar, and gives you text that reads like you spent five minutes writing it.
89% of messages sent with zero edits. Millions of professionals use Flow daily, including teams at OpenAI, Vercel, and Clay. Works on Mac, Windows, and iPhone.
Now, as we look ahead, the key question is whether we can re-establish a strong upward trend. What does it take to break through 7450 decisively? And where must we hold on FOMC dips?
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 break of 7421 guided the way and the tough resistance at 7450 shows the power of resistance. Always trust the levels.
Now we are sitting in after hours right on the key 7430 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.
Order Now - New lessons out!
Trading Plan
Today’s solid 0.2% move was accompanied by lower volume, indicating that traders may be cautious ahead of tomorrow’s significant FOMC meeting. It’s essential to remain vigilant as any news from the Middle East or the White House could also impact market dynamics.
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 don’t have to 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.
For tomorrow, we’re closely watching the key SPX levels of…
Subscribe to Premium to read the rest.
Become a paying subscriber of Premium to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In.
A subscription gets you:
- • Actionable SPY SPX Levels provided daily.
- • Trade recap and current outlook and plan for the next session.
- • Live Chat during market hours. Join the community including comments/discussion.
- • Subscriber-only posts and full archive.



