Trade Strategy 12.30.15

Markets

The U.S. stock market took investors for a wild ride in 2015, but in the end it was a trip to nowhere. Equities began the year with a slow start as investors worried about falling crude prices, flat earnings growth and when the Fed would begin raising rates. By May, stocks were hitting new highs, but the market didn’t stay there for long. Worries about slowing Chinese growth in the summer gave reason for the Fed to pause and for traders to fret, sending U.S. indexes into a correction, although the last few months they’ve marked a return to their initial starting point. Better luck in 2016?  (Source: Seeking Alpha)

Today’s Economic Calendar

7:00 MBA Mortgage Applications
10:00 Pending Home Sales
10:30 EIA Petroleum Inventories
1:00 PM Results of $29B, 7-Year Note Auction
3:00 PM Farm Prices

PTG Trading

Santa Claus rally which began Monday continued its gains yesterday to reach 3 Day Cycle Target (2070.50) outlined in prior DTS Briefing Report 12.29.15. Overnight trade sees little advancement in price with increased potential for pullback during today’s trading session.

Today is Cycle Day 2 (CD2)…NEUTRAL SPILL/DOWN…Expectation will be for some back n fill price action since this cycle’s target objective has been achieved.

Odds of Rally > 10 = 84%; Odds of Rally > 20 = 45%; Average Range = 14.50; Max Average Range = 22.75; Possible HOD = 2082.75 CD2 Penetration Level; Possible LOD = 2055.00 3D CPZ.

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price expands above PH (2074.50) THEN initial objective is 2078.50 – 2081.75 STATX Zone, followed by 2082.75 CD2 Penetration Level. Expanded ATR Range targets 2087.25.

Scenario 2: Failure to convert PH (2074.50) suggests some back n fill price action is required to absorb recent cycle gains. Downside price levels to be mindful of on pullback are: 2065.00, 2063.00, 2061.00. Weakness below targets 2056.50 – 2053.50 3D CPZ.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.29.15

Markets

Although stocks fell Thursday and declined again Monday, equities look likely to open today’s session with gains, suggesting a so-called Santa Claus rally may still be in the cards. The rally is the tendency for stocks to rise over the last five trading sessions of December and the first two sessions of January. Three new reports this morning will also indicate how the U.S. economy performed in the final months of 2015, including international trade data, S&P/Case-Shiller home prices and the consumer confidence index. U.S. futures: Dow +0.5%, S&P +0.4%, Nasdaq +0.5% (Source: Seeking Alpha)

Today’s Economic Calendar

8:30 International trade in goods
8:55 Redbook Chain Store Sales
9:00 S&P Case-Shiller Home Price Index
10:00 Consumer Confidence
10:00 State Street Investor Confidence Index
1:00 PM Results of $35B, 5-Year Note Auction

PTG Trading

As noted in prior DTS Briefing 12.28.15this Cycle’s Decline began, as price reached 2037.75 lower range projected target. Bulls regained full control as by settlement had auctioned price back to settle (2049.25) near high of session. Overnight trade price has extended gains 10 handles higher to 2059.75.

Today is Cycle Day 1 (CD1)…Though the normal spill is down, the probe for secure cycle low occurred in prior session…So today becomes RALLY UP to extend for 3 Day Cycle Target 2070.50.

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price clears and converts PH (2054.50) THEN initial upside objective is 2058.50, followed by 2061.00, 2065.00, then 2066.50 Target Master Range Breakout Level.

Scenario 2: Failure to convert PH (2054.50) increases odds (83%) of decline back into prior days range…Levels to be mindful of for renewed support are: 2052.50, 2050.25 – 2047.75 3 Day Central Pivot Zone. Key Line in Sand is marked at 2046.50 YELL.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.28.15

Markets

How’s oil beginning another holiday-shortened week? Brent and U.S. crude switched between premium and discount to each other several times in post-Christmas trading – in a market heavily plagued by oversupply. However, traders aren’t interpreting the movements too much, as low liquidity means that prices could move abruptly without changes in price fundamentals. It’s also likely to be a quiet next few days for the energy sector, except for the U.S. inventory reports which will be published on Wednesday and Thursday. Brent -1.9% to $37.19; WTI -2.4% to $37.17. (Source: Seeking Alpha)

Today’s Economic Calendar

10:30 Dallas Fed Manufacturing Survey
1:00 PM Results of $26B, 2-Year Note Auction

PTG Trading

S&P e-mini (ES) failed to sustain higher bid in shortened holiday trade, resulting in selling into closing bell last week. Price weakness continues throughout overnight and into pre-cash open trade, with last sale marked at 2041.00.

Today is Cycle Day 3 (CD3)…Having reached the 3 Day Cycle Target (2056.75) and failed to auction higher, the decline has now begun in search for a new secure cycle low. Average Range Target today is marked at 2037.75.

Odds of 3D Rally > 10 = 83%; Odds of 3D Rally > 20 = 54 % (both achieved); Average Range = 17.75; Max Average Range = 22.00; Possible HOD = 2056.75; Possible LOD = 2037.75.

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: Price is currently lower in overnight trade…Key marker for bulls to convert for higher is 2043.75. IF this can occur, THEN upside objective is to recapture PL (2049.00). Above this level targets 2053.25.

Scenario 2: Price has violated PL (2049.00) in overnight trade…Price is currently trading within 3 Day Central Pivot Zone (2043.75 – 2040.25)…Range target measures 2037.75. Violation and conversion below this level opens door to retest 2030.80 prior cycle low.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.23.15

Markets

Another big day for oil prices! West Texas Intermediate on Tuesday settled at a premium to its global counterpart Brent crude for the first time in more than five years, and the spread between the two benchmarks is now nonexistent. While the lifting of the U.S. oil export ban and a surprise dip in inventories could be triggering the move, analysts focused on investor sentiment ahead of the holidays, with traders covering shorts and squaring away their positions. At the time of writing: Brent +1% to $36.48; WTI +0.9% to $36.48. (Source: Seeking Alpha)

Today’s Economic Calendar

7:00 MBA Mortgage Applications
8:30 Durable Goods
10:00 New Home Sales
10:00 Reuters/UofM Consumer Sentiment
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction

PTG Trading

S&P e-mini (ES) is extending Cycle gains in overnight trade targeting 2047.25 CD1 Penetration Level. With holiday trade upon us, there is very little resistance to price movement with lowering volume participation.

Today is Cycle Day 1 (CD1)…NORMAL SPILL DOWN…Residual upside momentum may continue before the next decline begins. First sign of weakness would be violation of overnight low (2030.75). Average Cycle Range Decline Target is 2013.25.

Odds if Decline > 10 = 72%; Odds of Decline > 20 = 42%; Average Range = 18.75; Max Average Range = 22.50; Average Decline = 23.25; Possible HOD = 2044.75; Possible LOD = 2013.25.

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price clears and converts PH (2036.50), THEN initial upside objective measures 2040.50 – 2043.75 STATX Zone. Above this zone extends to 2044.75 – 2047.25 Average Penetration Level.

Scenario 2: Violation of ONL (2030.75) would be sign of weakness initially targeting 2025.75 – 2022.00 Central Pivot Zone. Below this zone extends downside to 2013.25 Cycle Range Decline Target.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.22.15

Markets

Traders are poised to get some fresh reads on U.S. economic growth and data ahead of the holidays at the end of the week. Today’s big statistic will be the final figure for third-quarter GDP, which is expected to fall to 1.9% from an earlier estimate of 2.1%. The downshift is most likely because of business inventory adjustments as well as fewer services purchases by consumers. Wednesday’s economic calendar includes personal income numbers, durable goods orders and the new-home sales report. (Source: Seeking Alpha)

Today’s Economic Calendar

8:30 GDP Q3
8:30 Corporate Profits
8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
10:00 Richmond Fed Mfg
10:00 Existing Home Sales

PTG Trading

Textbook Cycle Day 2 (CD2) in prior session with expected “neutral up spill’,  as price pulled back to successfully test CD1 Low (1991.00)…at which time price consolidated sideways, and by settlement had rallied to close near high of day.

Overnight trade price has pushed higher to reach 2021.75 top of 3D CPZ. Support is currently marked at 2008.00 SPOT.

Today is Cycle Day 3 (CD3)…SPILL UP…Price has pushed up just shy of Average Cycle Target (2024.25)…As long as 2008.00 holds support odds favor a continued push higher to complete this Cycle’s objectives.

Odds of 3D Rally > 10 = 83%; Odds of 3D Rally > 20 = 54%; Average Range = 17.75; Max Average Range = 22.00; Possible HOD = 2028.00; Possible LOD = 2008.00.

**Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price holds 2008.00, THEN upside objective is 2024.25 Cycle Target, with 2028.00 CD3 Penetration Level.

Scenario 2: Violation and conversion of 2008.00 opens door for selling to retest 1996.00 – 1998.00 STATX Zone.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.21.15

Markets

Brent crude is shattering records, losing a fifth of its value in the last month and a third since early October. The benchmark has now hit levels not seen since 2004, skidding 2% to as low as $36.06 per barrel, as oversupply concerns and a strong dollar continue to weigh on the market. With a ban on U.S. oil exports lifted and new supplies looming from Iran, West Texas Intermediate crude is also feeling the pressure, down 0.9% at $34.42/bbl, its lowest since February 2009. (Source: Seeking Alpha)

Today’s Economic Calendar

8:30 Chicago Fed National Activity Index

PTG Trading

Friday was Cycle Day 1 (CD1) and in good form performed as expected with a decline, aided by expiring options contracts. All major market events are now history and with eight trading days remaining for this year, expectation is for reduced volumes and participation. Many will be looking to signs of Santa coming to town for year-end rally.

Today is Cycle Day 2 (CD2)…NEUTRAL UP SPILL…Odds of Rally > 10 = 84%; Odds of Rally > 20 = 45%; Average Range = 14.50; Max Average Range = 22.75; Possible HOD = 2018.25; Possible LOD = 1079.50.

***Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price clears and converts 2000.00, THEN, initial upside objective is 2012.50, followed by 2018.25 Average Cycle Rally Target.

Scenario 2: Violation of PL (1991.00), opens door for further selling targeting 1986 – 1981.25 STATX Zone. Below this zone measures 1979.50 down to 2071.50 CD2 Violation Levels.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.18.15

Markets

Oil is on track to post its third weekly loss, with U.S. crude down 2.2% and Brent off by 2%. U.S. inventory builds, a global glut and a Fed rate hike are still the usual story, but two new factors could crank up more pressure. The IEA predicted today that oil markets will remain oversupplied at least until the end of 2016 – due to sluggish demand and OPEC’s failure to curb production – and the U.S. looks likely to lift its four-decade-old crude export ban (see below) in another few hours. (Source: Seeking Alpha)

Today’s Economic Calendar

9:45 PMI Services Index Flash
10:00 Atlanta Fed’s Business Inflation Expectations
11:00 Kansas City Fed Mfg Survey
1:00 PM Baker-Hughes Rig Count

PTG Trading

We stated in prior DTS 12.17.15 “Cycle targets have been achieved and exceeded…Momentum may take price higher before the next decline begins...Violation of 2056.50 would be first sign of price weakness” …Price failed to hold above prior high (2068.75) and broke below 2056.50 which initiated this cycle’s decline, giving up all the Fed Day price gains. Quadruple Options Expiration today, so expect a bit more price volatility before everyone begins their Christmas Holiday vacations.

Today is Cycle Day 1 (CD1)…NORMAL SPILL DOWN…Much of this cycle’s price decline is is place…Residual price weakness may continue before a rally attempt occurs…Expiring Options should be the dominant force today.

Odds of Decline > 10 = 72%; Odds of Decline > 20 = 42%; Average Range = 18.75; Max Average Range = 22.50; Possible HOD = 2042.50 (3D CPZ); Possible LOD = 2005 (CD1 Violation Level).

***Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price holds above 2014.50, THEN initial objective will be to clear and convert PL (2023.25)…Should this occur, upside objective targets 2028.00 – 2031.00.

Scenario 2: Failure to clear and convert PL (2023.25) keeps selling pressure intact with potential of pushing price lower targeting 2008.50 – 2005.00 zone. Violation of this zone increases odds of retesting 12/14 lows.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.17.15

Markets

Equities across the world are rallying after a historic rate hike from the Fed signaled a mark of confidence in the world’s largest economy. Markets were also soothed by Janet Yellen’s assurance that future tightening would be “gradual” and dependent on higher inflation. What else happened following the quarter-point increase? A slew of banks announced they would increase their prime rates, while commodity prices fell due to a stronger U.S. dollar.(Source: Seeking Alpha)

Today’s Economic Calendar

8:30 Initial Jobless Claims
8:30 Current Account
8:30 Philly Fed Business Outlook
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Markets responded positively as dovish tones and assurance of future rate hikes to be “gradual” sent S&P e-mini (ES) higher by 37.75 handles hitting our target of 2068.50 outlined in prior DTS Report 12.16.15.

Overnight trade has extended slightly beyond prior high (2068.75) to hit 2072.25 STATX Zone Level…Trend sentiment is decidedly bullish, so pullbacks are expected to illicit continued buy response. It would take a violation and conversion of 2056.50 SPOT for a deeper price pullback/correction to recent gains.

Today is Cycle Day 3 (CD3)…NEUTRAL SPILL…Cycle targets have been achieved and exceeded…Momentum may take price higher before the next decline begins.

Odds of 3D Rally > 10 = 83%; Odds of 3D Rally > 20 = 54% (both exceeded); Average Range = 17.75; Max Average Range = 22.00; Possible HOD = 2076.50.; Possible LOD = 2050.00.

***Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price clears and converts PH (2068.75), THEN initial upside objective is 2072.25 – 2076.50 STATX Zone and CD3 Average Penetration Level.

Scenario 2: Violation of 2056.50 would be first sign of price weakness, with initial downside objective of 2050.00 for renewed buy response. Break of this support point would target 2043.50 SPOT.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.16.15

Markets

The day we’ve all been waiting for has finally arrived. The Federal Reserve is expected to hike interest rates when its two-day policy meeting concludes later today, marking the end of a decade of near zero interest rates. But how much and how fast could the Fed raise rates in the coming months? The answer to that question is likely to come from the triple-dose of news the central bank will issue this afternoon – a policy statement, economic forecasts and a news conference by Chair Janet Yellen. Stocks are green across the globe ahead of the big decision. (Source: Seeking Alpha)

Today’s Economic Calendar

7:00 MBA Mortgage Applications
8:30 Housing Starts
9:15 Industrial Production
9:45 PMI Manufacturing Index Flash
10:30 EIA Petroleum Inventories
2:00 PM FOMC Announcement
2:00 PM FOMC Forecast
2:00 PM Chairman Press Conference

PTG Trading

Markets continued to rally from secure low (1991.00) and negated the prior failed 3 Day Rally. Price comfortably reached and exceeded key target of 2035.75 during Cash Session and has extended higher in overnight trade to 2049 – 2053 STATX Zone. The rally is already in place which could make for a confused day.

Today is Cycle Day 2 (CD2)…NEUTRAL SPILL…Odds of Rally > 10 = 84%; Odds of Rally > 20 = 45%; Average Range = 14.50; Max Average Range = 22.75; Possible HOD = 2054.00 CD2 Average Penetration Level; Possible LOD = 2018 3 Day Central Pivot.

***Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price clears and converts PH (2045.75), THEN extension target is 2050.00 SPOT…Above this level measures 2054.00, with extreme target 2068.50.

Scenario 2: IF price fails to convert PH (2045.75), THEN expectation is for price consolidation in advance of Fed Decision. Levels to be mindful of on pullbacks are: 2034.00 – 2028.00 Central Pivot Zone. Below this zone is 2023.00 SPOT, followed by 2018.00 3D CPZ.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 12.15.15

Markets

World shares are heading into the green (Asia closed lower overnight) despite shaky commodity markets, a junk-bond selloff and a likely Fed rate hike tomorrow. Gold hit six-year lows yesterday and oil fell below $35/bbl, but both are now bouncing higher. The high-yield bond market also plunged drastically due to its ties to crude prices. A Fed rate hike on Wednesday would be the first increase in nearly a decade, and is viewed as a first step toward normalizing monetary policy and a broader U.S. economic recovery. (Source: Seeking Alpha)

Today’s Economic Calendar

FOMC meeting begins
8:30 Consumer Price Index
8:30 Empire State Mfg Survey
8:55 Redbook Chain Store Sales
10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital

PTG Trading

Morning price weakness lead to afternoon strength as Buyers absorbed selling in oversold extreme conditions to shift dynamics back to bullish camp. Price is currently higher in overnight trade, so Bulls will need to keep a strong bid on any weakness. Goal remains to get back to prior CD1 Low at 2035.75 which would negate the prior Cycle failure.

Today begins new Cycle Day 1 (CD1)…NORMAL SPILL DOWN…Odds favor the secure cycle low was put in prior session…Odds of Decline > 10 = 72%; Odds of Decline > 20 = 42%; Average Range = 18.75; Max Average Range = 22.50; Average Decline = 23.00; Possible HOD = 2035.75; Possible LOD = 1997.00.

***Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.

Click Here

Today’s Hypotheses: March 2016 (H) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1: IF price clears and converts PH (2019.00), THEN odds favor reaching 2026.10 Weekly Pivot, followed by 2029.25 CD1 Maximum Penetration Level. Above this level targets prior cycle low at 2035.75.

Scenario 2: Failure to convert PH (2019.00) suggest a pullback to consolidate prior rise in price. Levels to be mindful of for renewed buy response are 2012.00, 2008.00, 2004.75 – 2001.50 Central Pivot Zone.

Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.

Stay Focused…Non-Biased…Disciplined  ALWAYS USE STOPS!

Good Trading…David

“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee

*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN