SPX Trade Plan — January 2, 2026

Welcome to the first trading day of 2026. Before we get started, thanks for your patience and understanding on the absence of a morning note this week while I recovered from the flu. While I’m back, I’m not 100% yet, so this note won’t be as robust as my normal notes. Instead, I’m going to bullet some thoughts then just get straight into the trade plan for today.

For today’s trading, we want to wait and see how this gap holds. We are watching a Golden Rule of 6875, which is roughly 5 points from current levels.

Execution Levels

Long Plan

• Reclaim: A test and hold/reclaim of 6875 sets up a move to 6881, 6884, 6888, 6894, and 6900. Use caution near 6900 due to positive GEX.
• Continuation: A break through 6900 sets up 6910 and 6920. Through 6920 targets 6928, 6932, 6935, and 6942.
• Dip Buy: Looking at the 6852–6856 zone, which sets up a move back toward 6862 and 6868.

Short Plan

• Breakdown: A clean break below 6875 sets up 6868, 6862, 6856, and 6852.
• Flush: A loss of 6844 targets a deeper move toward 6837 and 6826.
• Short Pops: Looking to fade pops at 6900 down to 6894 and 6888. (Use the long levels as your profit targets).

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