SPY Trade ideas for 06-04-26
SPY broke down out of consolidation range. Will we get more selling?
Good morning.
We initially took 7580 bull puts thinking we would get a bounce, but the deep sell and failed bounce had us shift direction to 7600 bear calls which paid out perfectly!
too bad I’m busy outside trading. Missing a 20x trade on 7660p! one more month of this craziness and I’ll be able to focus a bit more on finding Spectre Specials! (or at least automating the alerts on it)
Let’s see if the dip gets bought or day 2 selling comes!
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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Master SPY Reversals at These Levels Today
Failed breakdowns and breakouts near 752 offer clean entries with defined risk.
Market Context
Premarket closed at 752.30, sitting just below the daily pivot at 753.8. Price action shows consolidation after yesterday’s close at 754.19, with a slight bearish lean if the pivot holds as resistance. Focus remains on reactions at the nearest support and resistance clusters.
