Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

Unlock SPY’s Edge Before the Open -- SPY Trade ideas for 07-20-26

Premarket dip sets up high-probability reversals at exact supports.

Jul 20, 2026
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Friday’s Primary High Probability Trade Was almost perfect! I wrote that I wanted a long at 740.75 and that is exactly where we dipped to and double bottomed on Friday and rallied.

This worked great for our bull puts for a worry free trade. I alerted I was taking SPX 7450 bull puts for 2.50+ and they went to 0.

Also alerted taking SPX 7500c which paid 200%+

Not bad for an hours worth of effort.

Premarket we are gapping up, but it hard for me to long here. Overall thinking market is waiting on interest rate decisions.

Let’s see how today’s high probability trade does.


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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If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.

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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


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Unlock SPY’s Edge Before the Open

Failed breakout setups near 746.37 offer clear edges.

Market Context

Premarket closed at 746.25, sitting just below resistance at 746.37 and well above the pivot at 743.59. Price has held above the prior session close of 743.23 with a mild bullish bias into the open, though momentum looks capped near the first resistance cluster.

Highest Probability Trade Idea

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