Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

Trade ideas for 07-28-26

Capitulation coming or more downside?

Jul 28, 2026
∙ Paid

Yesterday I shared the high probability idea being a 746.35 reject and i liked 7500 and 7480 bear calls. If you took that idea, both paid and went to 0.


Selling was relentless out of the gate! and not only gave a gap fill but one level further! I also had alerted I wanted 7450 puts for 3-5, but they only dipped to 7-8 for reaching $70!

This is one of the core setups I teach with a crazy high probability of winning. I hope you got paid!

Most of the action came in the first hour and after that it was chop. I also alert taking SPX 7380 bull puts which also went to 0!

Solid day. low stress, small time/effort. Great results!


How to use AlphaOS to recognize shift in momentum

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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

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Pivot Edge: Lock In Protection at 739.79

Price clings to the pivot with reversal setups in play.

Market Context

SPY premarket last price sits at 739.88, just 0.09 above the pivot at 739.79. The session opened with a modest gap higher from yesterday’s 739.02 close but has since consolidated near the pivot. Bias remains neutral-to-bullish above the pivot while support holds; a clean break below opens the door to S1 at 733.06.

Key Events Today

  • 8:30 am - Advanced U.S. trade balance in goods (June) – Actual: -$101.5B

  • 8:30 am - Advanced retail inventories (June) – Actual: 0.0%

  • 8:30 am - Advanced wholesale inventories (June) – Actual: 0.3%

  • 9:00 am - S&P Case-Shiller home price index (20 cities, May) – Actual: 1.6%

  • 10:00 am - Consumer confidence (July) – Forecast: 92.0

Highest Probability Trade Idea

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