Levels watched: prior-day high/low/close · today's high/low · pivots PP/R1/S1 · 52-week & 3-month highs/lows. The same level acts as support OR resistance depending on which side price is on — polarity flip, captured by the candle's geometry.

Exit: arms the trailing stop at +6% and lets it run · stop = when price reclaims the level (not on option-price noise).

Risk locks: 1 position at a time · SPY+QQQ+IWM share the risk · max 12 trades/day · stops at 3 consecutive losses or −$150 on the day · up to 10% of account per trade.