Trade ideas for 08-03-26
Will breakout continue?
Solid work Friday though the initial dip went further than I expected.
Will SPY hold 750 today and continue higher??
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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R1 Test: Secure Your Edge at the Line
SPY premarket at 751.15 sits just below R1 at 751.52—watch for rejection or breakout confirmation.
Market Context
SPY is trading at 751.15, just below R1 at 751.52. Price action shows consolidation near the upper end of the recent range with limited momentum into the open. Bias leans neutral-to-bullish on a clean hold above the pivot, but vulnerable to a quick fade if R1 rejects.
