Perfect 662 Reject. Will SPY continue to sell? Trade Ideas for Mar 24 2026
We nailed the short plan off SPY 662 yesterday. Will we consolidate today or continue the sell program?
Let’s see what today gives, so far action premarket has been weak.
Yesterday’s play was text book but my execution could have been better. That said 2.50-3.50 on the 6640 bear calls perfectly went to 0!
:)
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.
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SPY Pivot Trap: Survive the Reversal
Premarket bounce tests 652.41 – watch for failed breakdown below pivot
Market Context
SPY premarket closed at 652.41 after ranging 652.06-657.47, sitting just below the 653.3 pivot. Over the last 5 days, price action shows choppy volatility with multiple failed breakouts above 660 and breakdowns below 650, forming a tight range around the pivot. Bias leans neutral-to-bearish with premarket rejecting higher levels, positioning for potential failed breakdown reversal if support holds.
Key Events Today
9:45am - Flash PMI
