SPY rallies on CPI, can it get back over 680 today? -- Plan for Thu Dec 18
Our Bear Calls paid! AlphaOS is making Credit Selling a no-brainer. Debit spreads paying 100-200%. Spectre Special at the close paid over 800%. SpectreAI anlaysis sharing great ideas!
What a beautiful Trading Day!!! However most of it was spent waiting for great entries, getting paid quickly and walking away!
I was watching Initially for a bounce off 678.30, but it turned heavy and once support broke it was smoked and headed to our 671.50 level perfectly!!!
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.
Credit Selling
SPX 6755/50 bear calls - WON
SPX 6720/15 bull puts - WON
Spectre Special
SPX 6730P 1.30 → 9
VIDEO RECAP SPY/SPX on Dec 17
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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
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Stacking the deck in your favor
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Plan for Thu Dec 18
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.
Dodge CPI Bombshells to Protect Your Portfolio
Tame inflation fears with targeted reversals around key supports
Market Context
SPY has been on a rollercoaster over the last five trading days, dipping from highs near $691 to lows around $671 amid broader market uncertainty. Recent sessions closed with a bearish tilt, showing a failed breakout above $685 and multiple tests of the $674 pivot, suggesting continued downside pressure but CPI has triggered a bounce premarket.
Key Events Today
8:30 am - Initial jobless claims (Period: Dec. 13) | Forecast: 225,000 | Previous: 236,000
8:30 am - *Consumer price index (Period: Nov.) | Forecast: 0.3% | Previous: #0.3%
8:30 am - CPI year over year (Period: Nov.) | Forecast: 3.1% | Previous: #3.0%
8:30 am - *Core CPI (Period: Nov.) | Forecast: 0.3% | Previous: #0.2%
8:30 am - Core CPI year over year (Period: Nov.) | Forecast: 3.0% | Previous: #3.0%
8:30 am - Philadelphia Fed manufacturing survey (Period: Dec.) | Forecast: 3.6 | Previous: -1.7
These inflation-focused releases could spark volatility right at the open—hotter-than-expected CPI might push SPY toward the $668 support, while a cooler print could trigger a relief rally testing $678 resistance.