The Stock Market Is About to SHOCK Everyone… Here's My Next Move | SPY

Summary

The presenter lays out a short-term, price-action-based trading plan for SPY, using key levels, breakouts and retests, candle patterns, and confirmation on the 30-minute and 4-hour charts. The broader view is cautious: the presenter says SPY’s daily chart looks bearish near all-time highs, but stresses that the outlook could change and should be assessed day by day.

Key Levels and Scenarios

• 750 is the main bearish/bullish cutoff. The presenter says to avoid shorting while SPY holds above it, except for a specific rejection setup around 752. A clear break below 750 is considered bearish.
• 752–752.12 is described as a prior closing-price or gap-related level and a possible rejection or gap-reversal area.
• 754 is the key upside breakout level. A confirmed breakout and retest—or a gap up—would favor calls.
• Above 754, the next stated levels are 757 and then 760. The presenter says a move toward 757–758, or even the 760s, could follow.
• 745–747 is the proposed oversold zone for looking to buy calls if SPY breaks below 750 and then shows bullish reversal confirmation. The presenter also mentions an entry around 746 or lower.
• A prior bearish zone was identified at 762.50, 763.50, and 765. The presenter’s earlier plan was to avoid shorting before SPY reached that zone, then look for bearish confirmation.
• The subtitles contain conflicting descriptions of closing-price levels: 752.12 is given as the session close, while 752 and 750 are also described as a previous close or monthly close. Treat these as the presenter’s stated chart levels, not as a fully consistent set of reference prices.

Trading Framework

• Bullish setup: Look for a gap up or a confirmed breakout and retest above 754. The presenter favors call options after bullish confirmation, including a “green-red-green” pattern.
• Bearish setup: A confirmed break below 750 favors short positions or put options. The presenter also describes bearish “red-green-red” sequences, lower highs, and a breakdown-and-retest as confirmation.
• Potential rejection setup: Around 752, consider puts only if price clearly rejects the level or a gap-close reversal turns bearish.
• Oversold reversal: If SPY falls below 750, watch 745–747 for bullish confirmation before considering calls.
• Confirmation and timing: The presenter recommends waiting for confirmation—particularly the first bearish 30-minute candle—and checking whether the 4-hour candle turns bullish or remains bearish. Avoid shorting while price action is still in an uptrend.
• The plan is framed for the next trading day, with the presenter saying the setup could shape market action into November.

Broader Market View

The presenter says SPY’s daily chart near all-time highs looks technically concerning and may struggle to break higher. They describe a possible slow decline and mention a longer-term downside area around 657–660. The subtitles also contain an inconsistent reference to a gap at 760, making the longer-term level discussion unclear. These are the presenter’s technical impressions, not a macroeconomic or fundamental analysis.

Reported Trades and Performance Claims

The presenter reports the following trades as examples from the Team Roar service:

• SPY 765 calls: Bought for $0.52 at 10:16 a.m.; added at $0.71. The option reportedly reached $0.97, with profit-protection stops at $0.89 and a reported sale at $1.12. The presenter describes this as roughly 100%–120% gains, depending on the position or add.
• SPY 765 calls, second trade: Bought for $0.65, rose to $0.77, then stopped out for a small loss.
• SPY 756 puts: Bought for $0.54 at 12:39 p.m.; reportedly reached $0.90–$0.95, with an add at $0.92. The presenter says the position later reached $1.10, with sales at $2.10 and $2.14, and claims about 300% profit.
• SPX puts during the Power Hour: Reported to have moved from $1.15 to $1.80; the presenter calls this trade a “bust.” No strike is given.
• The presenter claims a combined net result of about 350% after accounting for gains and losses, and also cites a 420% figure for two trades. These are the presenter’s reported results and are not independently verified.

Risk Management and Cautions

• The presenter says to add to winning positions, not losing ones, and to use profit-protection stops after a trade moves in the money.
• They say they generally do not use stop losses on zero-expiration options, instead allowing unsuccessful trades to lose value, potentially to zero. They acknowledge that the maximum loss on an option can be 100%.
• The video promotes far out-of-the-money, zero-days-to-expiration (0DTE) options. These can lose their entire premium quickly; the performance claims and service marketing are not evidence of future results.
• No explicit “not financial advice” disclaimer appears in the subtitles.

Assets and Sources

Assets/instruments mentioned: SPY, SPX, call options, put options, far-out-of-the-money options, and 0DTE options. No individual companies, sectors, bonds, commodities, or cryptocurrencies are discussed.

Presenter and sources: The presenter refers to himself as Geerawr / G Roar and discusses Team Roar trading alerts and morning updates. The channel is Traders Society.