SPY dips overnight and recovers! Trade Ideas for Wed Nov 05
We nailed the long yesterday, and just missed the short by a hair. With the bounce today lets see if SPY can catch a bid.
We nailed it again yesterday!
yesterday I wrot
And that played out perfectly. Took 6800c at $10 andy went to $26!. I predicted that target at 9:54 am and it got there an hour later!
What a day!
I then told members I’m looking for a short off 680.50, but didn’t get the doulel top I wanted and missed the entire short trade!.
100% OK. because I had an a fantastic call with members about improving Edge and THT.
Key goals/outcomes from the call:
Generate Credit Sell Trade Plans
Course on Credit Selling
How to learn to get better dip entries.
Confirmed that Automation would be great! GOAL: Provide the idea, edge will do the monitoring and planning for you.
If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.
What is Two Hour Trading?
Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:
High-quality trades with excellent reward vs. risk
Avoiding overtrading and losses from it
Trading to win vs. trading not to lose
Stacking the deck in your favor
If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.
Plan for Wed Nov 5
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
SPY Alert: Guard Gains Amid Volatility
Premarket edges for spotting reversals and protecting capital on November 5, 2025.
Market Context
SPY closed the previous session at 675.35 after a choppy day with intraday swings between 674.58 and 677.47. The latest premarket close is 674.43, sitting just below the pivot at 674.71, suggesting a neutral to slightly bearish bias with potential for failed breakdowns if support holds. Over the last five days, price action shows repeated tests of the 674-679 range, with volume spikes on reversals indicating key battlegrounds for today’s session.
Key Events Today
No major events scheduled today, potentially leading to range-bound action.