Don’t miss the Topic Directory - Getting lots of questions that are answered in here.

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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.

Reminder - I will never direct message you and ask you to trade with me or deposit money into an account. Even if it looks like me it is a scam. I wish I had ways to prevent those on social networks impersonating me. All I have is this letter which the premium subscription-only through beehiiv, opens up the discord.

First Few Lessons Already Launched - Order Now

Order Now - Mastering Emotions lesson just launched 3/24 and new lesson this week!

In yesterday’s letter, I wrote:

This is what happened. We held the 5242 level overnight and then on CPI blasted all the way through first target 5256 to 5279. After the open, we ran all the way through 5284 and 5302 to a high of 5311.76.

See how well the levels work?

Now that we’ve hit fresh all time highs, is there enough strength to continue? When is the first retest and where must we hold now to keep the rally alive?

More in the trade plan below.

The $SPY 2DTE 529C ran from a low of $72 to $243 per contract = 238% gain.

I traded these called out in the chat from $149 to $191. I should have held a bit of the position longer based on where we went! I didn’t get the greatest entry. 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.

Levels from the prior letter were amazing. Not needing to test the levels lower told us clearly where we were headed. Breaking through the first target and more it was off to the races. This was one of the cleanest CPI moves in recent memory. Always trust the levels!

Now we are sitting in AH right above the key 5306 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.

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.

Trading Plan

Here is a current check of the daily:

This includes all the way back to 10/4 & all overnight action.

Fresh all time highs.

Quick volume check:

More volume, indeed. But not going to lie, this has me a little concerned.

Tomorrow we have unemployment data along with a few FOMC member speeches during the trading session.

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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