☕ Grandma Edge Newsletter – Coffee With Q
Good morning, traders!
SPY closed at 683.57 yesterday – sitting right on a major level with heavy positioning.
KEY LEVELS
🟢 RESISTANCE:
- 687 – Upper ceiling
- 685 – Major wall
- 684 – Secondary resistance
📍 CURRENT: 683.57
🔴 SUPPORT:
- 682 – First support
- 680 – Critical level / Max Pain
- 679 – Flip zone (678.86)
- 674 – Strong floor
💡 TODAY’S SETUP
The 683 level has massive positioning – we’re sitting right on it. Break and hold above 684 opens 685-687. Lose 682 and we target 680.
Range: 680-687
YESTERDAY’S PERFORMANCE
Another winner! Called 680-685 range with 683 as key breakout level. Market broke above 683 as predicted, closing at 683.57.
NO BIAS – Check Q LEVELS and price action with the Q Algo
⚖️ DISCLAIMER
Educational purposes only. Not financial advice. Trading involves substantial risk of loss. All decisions are your own responsibility. Options trading is high risk and not suitable for all investors.
— Grandma Q | Coffee With Q
Trade safe! ☕🚀