Good morning all.
On Friday I talked about how SPY 765.33 was the key level to watch and that I was looking for a failed breakdown.
During the first hour we double bottomed and established support at 764. After the first hour, 765.33 was reclaimed and we had a nice rally almost to the next level at 768s.
This is why I love credit selling. I didn’t have to be right about magnitude of direction of the move to estimate sell/exit price. I just had to be right that we close above 764 or more specifically 7660. Using SPX 7660/7655 bull puts as vehicle I was able to collect premium on this very nicely.
Did you profit? Are you planning your trades?
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.
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.
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.
Hold the Line at 763.86 Today
Premarket price sits right above the first support — confirmation here decides the session.
Market Context
Premarket last price is 764.47, sitting 0.61 above nearest key level S1 at 763.86. Price has held above this support through the overnight session with no major breakdown yet. Bias leans neutral-to-bullish as long as 763.86 continues to act as a floor; a clean break below opens the door to 762.18.
Today’s Outcome
The one level that matters is 763.86. Your job is to wait for a test plus clear confirmation before committing — do not chase any move away from it. Not every setup will work; that is expected and part of the process. The real edge comes from being selective and only taking confirmed reversals rather than trying to predict direction. Today’s job: One level. Confirm before entry. Skip everything else. Paid members get the exact entry, stop, and targets below.
