New highs coming on SPY? -- Plan for Wed Jan 07
Our Bull Puts and Bear Calls paid! AlphaOS is making Credit Selling and directional bets easy. Last Day of Holiday trading = extra attention to avoid over trading.
Solid work yesterday. After the morning dip I alerted more upside coming in 689.50 is reclaimed and that is exactly what we got!
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 eod exhaustion
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 Jan 07
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: Hold the Line or Break Free Today
Target reversals at key supports amid ADP jobs volatility
Market Context
SPY has been grinding higher in a choppy range over the past week, closing the previous session on January 6 at around 691.93 after a late-day push to 692.32. The index shows a bullish bias with higher lows forming since the December 31 low near 681.71, but momentum is fading as it tests resistance near 693.82. Chart patterns reveal a potential ascending triangle on the 1-hour timeframe, with consolidation between 687.94 support and the 690.13 pivot—watch for a breakout above 693.82 to confirm upside or a failed breakdown below 687.94 signaling pullback risk. Overall bias leans neutral-to-bullish pre-open, but today’s economic data could spark volatility, especially if ADP surprises to the upside.
Key Events Today
8:15 am ET: ADP Employment Change for December (Actual: 41,000 vs. Forecast: 48,000, Previous: -29,000)
10:00 am ET: ISM Services Index for December (Forecast: 52.2%, Previous: 52.6%) – Key gauge of service sector health; below 52% could weigh on sentiment.
10:00 am ET: Job Openings for November (Forecast: 7.6 million, Previous: 7.7 million) – Labor market tightness indicator; softer data supports Fed pause narrative.
10:00 am ET: Factory Orders for October (Forecast: -1.2%, Previous: 0.2%) – Manufacturing rebound signal; positive surprise aids industrials.
4:10 pm ET: Fed Vice Chair for Supervision Michelle Bowman speaks – Comments on policy could sway rate expectations post-ADP.
Upcoming this week: ISM Manufacturing (Jan 5), Nonfarm Payrolls (Jan 9), and multiple Fed speakers.
