SPY backtests 703 and bounces -- Trade ideas for 04-22-26
Incredible flush and BTFD. Are new highs coming this week?
We initially went long and the flipped short! I perfectly planned the flush indicating that SPX 7654 is likely to be tested and sure enough it did end of day.
The comment I’m particularly proud of is anticipating the vwap break baed on an edge case that I spelt out to THT PRO members and that played out perfectly.
I initially was loaded up long thinking we could rip to new high but once 711.30 rejected, the short scenario developed! SPX 7100p went from $4—> 22—>10.50 (reload) —> 36.
VWAP was rejected end of day again. This led 7090p to go for 2.50→ 39!
And of course in all of this, our 7150 and then 7120 bear calls went to 0.
One more note about the short… SpectreAI pointed out the resistance cluster and the high probability trade was a short at 10:15 am. Minutes later we broker vwap.
Today we should get range. pay attention the SpectreAI and price action around levels to see which way.
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 Traps: Dodge Breakdowns Today
Premarket holding pivot—watch for failed downside breaks
Market Context
SPY premarket closed at 707.99, sitting right at the pivot of 707.36 after dipping to 707.14 low and hitting 709.74 high. Prior regular session closed at 704.15, with recent 5-day range showing choppy action between 693-712, multiple rejections at 707-708. Bias neutral to bearish near-term, with price coiling for potential failed breakdown below pivot.
