Massive gap up! Will market hold? - Trade Ideas for Mon Mar 23
Solid work on Friday again. We were mostly done within 2 hours again.
Friday feels like so long ago. My initial thought was sideways to lower trade setup and that played out!
I planned for a squeeze into close and alerted THT pro members watch for 644s for a long. What happened? dipped to 644.80 and then squeezed hard!
The sad thing.. I was a t a barber and placed an order for 6500c for 0.50.. It dipped to 0.60 and then ran to 7.50. Totally missed it.
The funny thing is I’m also not that bitter about it because of the consistent on my other trades and the freedom it gives me. I think I had 8-10% account growth…
:)
How to use AlphaOS to recognize shift in momentum
Process = Profits
Lately I’ve been doing the following:
Premarket establish where we likely wont reach. Sell premium for 0.8-0.60 on open.
After 11: second positioning of credit sells.
After 3:30: start hawking/planning for a Spectre Special
What’s a Spectre Special? A yolo trade that goes 300-1000% in under 30 min.
FREE LESSON on catching End of Day Exhaustion
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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
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SPY’s Epic Gap: Capture Today’s Reversal Gold
Massive premarket surge creates premium fade and reversal opportunities
Market Context
SPY opened premarket at 642.95 and exploded to a high of 666.82 before settling at 661.25 - a stunning 18+ point gap that has traders buzzing. This dramatic overnight move has pushed price well above all key resistance levels, creating a textbook setup for potential gap fades and failed breakout reversals. The premarket close at 661.25 sits just below the 662.11 resistance level, suggesting initial rejection of higher prices. With such an aggressive gap, we’re likely to see either continuation momentum or significant profit-taking that could trigger sharp reversals.
