Will SPY recover its Pivot or Go RED today? -- Plan for Thu Jan 08
Our Bull Puts and Bear Calls paid! AlphaOS is making Credit Selling and directional bets easy. Last Day of Holiday trading = extra attention to avoid over trading.
What a perfect idea yesterday for the short off 693.82!!!!
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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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
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Plan for Thu Jan 08
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.
Survive SPY’s Volatility Trap
Pinpoint supports to avoid downside traps and capture upside momentum today.
Market Context
SPY has been navigating a choppy range over the past week, with prices oscillating between $679.82 and $693.96 amid mixed economic signals and Fed commentary. The index recently tested highs near $693 but pulled back, forming a potential double-top pattern around $692, suggesting short-term bearish pressure unless it reclaims the pivot. Overall bias leans neutral-to-bearish, as volume spikes on downside moves indicate seller control, but premarket stability around $688 hints at possible consolidation before key data releases. Watch for failed breakdowns below supports to signal reversals.
Key Events Today
8:30 am ET: Initial jobless claims (Forecast: 210,000 | Previous: 199,000) – Higher claims could pressure risk assets; lower would support bulls.
8:30 am ET: U.S. trade deficit (Forecast: -$58.4B | Previous: -$52.8B) – Wider deficit may weigh on the dollar and boost equities.
8:30 am ET: U.S. productivity (Forecast: 4.9% | Previous: 3.3%) – Strong data reinforces economic resilience, potentially lifting SPY.
3:00 pm ET: U.S. consumer credit (Forecast: $9.2B | Previous: $9.2B) – Steady borrowing signals consumer health, but surprises could spark volatility.
These releases could drive sharp moves, especially claims, which often set the tone for Friday’s jobs report preview.
