SPY gaps down, will Black Friday sales give it a boost back up? -- Plan for Mon Dec 01
SpectreAI's analysis was spot on again on Friday in low volume action. It predicted 6855, we got got to 6851s. Good enough in my bock!
Wasn’t going to trade Friday, but give the action made for easy money using bull puts and bear calls. both closed at 0 head ache free!!
Using the AI analysis I was able to plan 6840 and 6845 calls in last 15 minutes. I tried to get 6840c for $1 but only dipped to 1.60 but flipped into 6845c for $1→6. 500% in 5 minutes. BOOM! That’s a Spectre Special!!
Do you want consistent wins even if “smaller” profits? If so, shoot me a DM. I’m building a course on credit selling SPX 0DTE.
So far the THT community has been running a 85%+ win rate on the credit sells I’ve alerted.
I continue to do my regular directional trading but what I love about the credit sells is it takes very little time to setup and manage.
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 Mon Dec 01
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.
Pinpoint failed breakdowns for fast intraday profits amid choppy action.
Market Context
SPY has been on a rollercoaster over the past week, climbing from lows near 649.45 to highs around 683.96, with the latest session closing at 683.68 on November 28. The premarket today shows consolidation around 678-679, forming a tight range after yesterday’s late push higher. Overall bias remains bullish, supported by higher lows and increasing volume on upswings, but volatility lingers from recent reversals—watch for a potential continuation of the uptrend if it holds above the pivot, or a pullback if support cracks. Chart patterns suggest a bullish flag forming, with momentum indicators like RSI hovering neutral at 55, signaling room for upside if buyers step in early.