Monster gap up --reversal? Trade Ideas for Fri Feb 6

Will we continue to rally todaay? FREE LESSON - How I join trend using AlphaOS red and green lines.

Feb 06, 2026

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wow I wanted gap down reversal off 670 this morning, but they did the move overnight. The question now, is this a low volume gap up that will lead to selling again or a real reversal… Volume in first hour should tell us.

Here is a FREE Lesson on why I went back short after getting stopped on my runners earlier this week.

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.

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SPY Survival Guide: Dodge Breakdown Traps

Premarket at 681.58 eyes pivot bounce amid choppy range

Market Context

SPY premarket closed at 681.58, sitting just above the pivot at 678.53 after ranging between PMH 682.81 and PML 676.96. Over the last 5 days, price action shows repeated failed breakdowns below 678 with quick reversals on volume spikes, suggesting bullish bias above pivot. Multi-day range 670.92-697.64 with consolidation near 680-682, watch for continuation or rejection at resistances.