Volatility is Back! SPY Trade Ideas for Wed Feb 4
Will the selling continue? will the Dip get bought? FREE LESSON - How I join trend using AlphaOS red and green lines.
Spectre AI crushed it yesterday! In yesterday’s blog, the high probability idea was focused on SPY 687. What does that tell you if SPY is as 697? …
PLAN AND GO SHORT.
We took bear calls and directional puts and they paid! Our win streak continues!
Here is a FREE Lesson on why I went back short after getting stopped on my runners.
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 eod 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.
SPY Pivot Trap: Survive the Open Chaos
Premarket at 690, coiled for failed breakdown below pivot
Market Context
SPY premarket closed at 689.96, sitting just below the 690.77 pivot after ranging 689.29-691.79. Over the last 5 days, price action shows repeated failed breakdowns below 690 with quick reversals on volume spikes, like the 07:12 drop on Jan 28 and multiple tests yesterday. Bias leans range-bound with downside risk if 689 support fails, but strong bounces at 688-689 suggest bullish reversal potential at key lows.
Key Events Today
8:15 am - ADP employment (Period: Jan.) - Forecast: 45,000 | Previous: 41,000
9:45 am - S&P final U.S. services PMI (Period: Jan.) - Forecast: 52.5 | Previous: 52.5
10:00 am - ISM services (Period: Jan.) - Forecast: 53.5% | Previous: 54.4%
6:30 pm - Fed Governor Lisa Cook speaks
