Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

SPY Trade ideas for 05-15-26

More highs. Will AMD sink while NVDA rips? Are you paying attention to the high probability trade ideas?

May 15, 2026
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Yesterday’s alternative idea if we cleared 746 played out almost perfect SPY ran to 749.50 missing the 750 target by 0.50.

This idea allowed us to take multiple bull put strikes that all went to 0.

Overnight, SPY has dumped and yields spiked after no new Deal with China.

Let’s see how today’s action plays out against my ideas.


How to use AlphaOS to recognize shift in momentum

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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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  • 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


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SPY Failed Breakdown: Grab the Reversal Edge

Premarket at 739.65 sets up a high-probability long if 739.38 holds.

Market Context

SPY premarket closed at 739.65, sitting just above the 739.38 support after yesterday’s close at 748.15. Price action shows a clear pullback from the 745.93 pivot, creating conditions for a failed breakdown reversal long if buyers defend the level. Bias leans bullish on a hold above 739.38 with a move back toward the pivot.

Highest Probability Trade Idea

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