Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

SPY Trade ideas for 08-18-26

S1 Reversal: Your Pre-Market Lifeline -

Aug 18, 2026
∙ Paid

Good morning all.

Yesterday’s bear calls paid. I then decided to be a hero and twice attempted bull puts and nailing the bottom which cost me and wiped my gains on the day.

Lesson, stick with the easy money trades and don’t force or overtrade. The bear calls were only ok money but I wanted more. Greed vs doing the right thing…


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

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S1 Reversal: Your Pre-Market Lifeline

Price at 769.55 sits just above S1 support—watch for the bounce that protects capital.

Market Context

Premarket price sits at 769.55, just 2.08 points above S1 at 767.47. Price has held above this level through the overnight session with no major breakdown yet, creating a tight range that favors a test of support before any upside extension. Bias leans toward watching for a failed breakdown at the nearest level rather than chasing distant resistance.

Highest Probability Trade Idea

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