Will SPY breakout today? -- Plan for Thu Dec 04
Credit Selling pays again. No headaches, free money. But that doesn't mean I don't hunt for Spectre Specials! SPX 6850c from 4-> 12!!!
SPX 6820 bull puts - decayed perfectly 2.20→ 0
4 hours, no watching charts. just plan, position, and enjoy the profits.
Is a Santa Rally coming?
We are at an inflection point. we can go either way, but given the nature of the market, the odds favor Buy The Dip. I scooped off 680 support yesterday! lets see if we get 695+ by end of month.
Credit Selling
I’ll also be beefing up and scaling up my credit selling. Why not? with an 80%+ win rate (closer to 90%+ at the moment). It’s dumb not to.
SPX 6820 bull puts paid too
SPX 6790/85 bull put paid too
100% win rate!
VIDEO RECAP SPY/SPX on Dec 03
Spectre AI is coming together . Perfect targeting and plan on levels.
Edge, contracts on watch predicted 6850c for $13. hit perfectly!!
BOOM!!!
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.
Plan for Thu Dec 04
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
SPY Steady in Premarket – Breakout or Fakeout Ahead?
SPY trades flat in early premarket around 683.80, holding above key support at 680.42 after yesterday’s close at 683.81. With no major catalysts today, watch for a potential failed breakdown reversal if it dips toward 680, or a breakout push if volume builds above 686.
Market Context
SPY wrapped up the last five trading days with resilience, closing yesterday at 683.81 after a volatile session that saw it dip to 679.62 before recovering. Over the period from November 26 to December 3, the ETF ranged from a low of 673.72 to a high of 684.91, showing choppy action with multiple failed breakdowns below 680 and quick reversals on high volume spikes—classic range-bound behavior amid holiday-thinned trading. Premarket action today is muted, with prices hugging 683-684 on low volume, suggesting bulls are defending the pivot while bears test the floor. Overall bias leans neutral-to-bullish if it stays above 682.67, but a break below 676.96 could signal deeper pullback risk.