Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

SPY Trade ideas for 05-18-26

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

May 18, 2026
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Friday’s blog ideas didn’t play out exact, but that is why we have live reads!

Our bear calls and bull puts paid!
Around 1pm I alerted like 7430p, grabbed at 2, and seconds later it dropped… reaching 10s before pulling back to around 3 followed by a massive drop in SPY and these puts ran to 22!!!


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.

FREE LESSON on catching End of Day Exhaustion


If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.

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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.


Pivot Test: Lock In Gains Before the Drop

Premarket at 740.99 sets up a clean failed breakdown reversal near the first support.

Market Context

SPY closed premarket at 740.99, sitting just above the daily pivot at 739.83. Price action shows a tight range with volume picking up on the downside tests, suggesting sellers are probing for a break lower. Bias leans toward a failed breakdown reversal off the first support before any sustained push higher.

Highest Probability Trade Idea

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