I Called the Stock Market Crash… Now I’m Calling the Next BIG MOVE | SPY

Summary

The presenter’s focus is a short-term SPY trading plan for the following session, using monthly, weekly, daily, and intraday charts. The central decision point is whether SPY holds support near 760 and breaks above 762.50–763, or instead falls below 759. The presenter describes the market as oversold and sees a possible gap-fill rally, but says bearish continuation could follow a decisive breakdown.

Key Levels and Scenarios

• Bullish case: If SPY holds around 760–762 and breaks above 762.50–763 with confirmation, the presenter would look for call entries. Targets discussed include 765, 768, and the gap near 769.50.
• Bearish case: A move below 760, especially a break and hold below 759, is presented as confirmation of downside continuation. The presenter would then look for put entries, particularly on a breakdown and retest or a failed rebound.
• Potential dip-buying areas if SPY falls: 757 for a possible countertrend scalp; 754–755 as the presenter’s preferred oversold zone; and 750 as a further possible level. The presenter also labels 754 and 750 “automated” buy levels, while acknowledging they might not work.
• Potential short areas on a rebound: 768.50–769.50, including a gap-fill reversal near 769.50. 768–767 is also discussed as a possible breakdown-and-retest short area, with a stop loss advised because price could continue upward to fill the gap.
• Earlier levels cited for the prior session include 770–769 as a short zone and roughly 766.70–767.50 as a countertrend call-buying zone. The presenter also refers to reactions around 764 and 761.

The video gives slightly inconsistent figures for the previous month’s close and related support—variously around 761 and 762—and for the prior week’s low, cited as approximately 758.68–759. Treat these as approximate levels as presented, not precise, independently verified data.

Trading Approach

• Start with the monthly and weekly charts for broad context, then use the daily chart and 10- and 30-minute charts to refine entries. The presenter also refers to a 4-hour chart and 1- and 5-minute confirmation.
• Use support, resistance, prior highs and lows, and price gaps to map possible reactions.
• Do not trade a level blindly: wait for a bullish or bearish reaction, candle close, breakout, or retest for confirmation.
• Look for a gap-close reversal when price is oversold, while recognizing that a gap fill can also be followed by another decline.
• For shorts, the presenter says not to short simply because price is rising into a level; wait for bearish confirmation. For longs, consider either buying a confirmed dip or buying a breakout and retest.
• The presenter compares the current setup with a similar pattern around October 13–14, including a gap down followed by a limited rebound, but treats the analogy as a chart-pattern interpretation rather than a certainty.

Options, Risk, and Performance Claims

The instruments discussed are SPY call and put options. The presenter warns that far-out-of-the-money options may lose value through time decay and may not produce a profit even if the underlying reaches a predicted high or low. The presenter contrasts these with options closer to the money, which they say may be more suitable for scalping smaller moves. Far-out-of-the-money contracts can also be difficult to size with large amounts because they may depreciate rapidly.

Risk-management guidance includes:

• Use stops and lock in profits rather than letting a winning trade turn into a loss.
• Limit activity to roughly two or three trades, with three or four described as an upper limit.
• Stop trading for the day after two consecutive losing trades.
• If already profitable for the week, risk only a portion of those gains; the presenter mentions 20–50%.
• Keep position sizes controlled and avoid treating Friday’s trading as a need to determine the outcome of the whole week.

The presenter makes strong performance claims—including that the levels worked precisely, that some levels are “automated,” and that the system can be profitable with a 50% win rate or even a 67% success rate across three levels. These are the presenter’s assertions, not independently substantiated results; the video provides no audited performance data. There is no explicit “not financial advice” disclaimer in the subtitles.

Assets and Instruments Mentioned

• SPY (SPDR S&P 500 ETF Trust)
• SPY call and put options, including far-out-of-the-money options
• Futures, mentioned in passing without a specific contract identified

Presenter/source: The presenter is unnamed in the subtitles. Source: Traders Society.