Trade Strategy 3.31.16

Markets

U.S. averages are set to close out a roller-coaster first quarter at 2016 highs following a big reversal this month that propped up stocks. With Q1 earnings on tap, oil market volatility, interest rate decisions, and global growth worries, traders have a lot on their plate for determining the future path of the market. Bearing that in mind, where are we headed for the rest of 2016?

In Asia, Japan -0.7% to 16758. Hong Kong -0.1% to 20776. China +0.1% to 3004. India flat at 25342.
In Europe, at midday, London -0.7%. Paris -1.3%. Frankfurt -0.8%.
Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.1%. Crude -0.9% to $37.96. Gold +0.6% to $1235.70.
Ten-year Treasury Yield -2 bps to 1.81%

(Source: Seeking Alpha)

Today’s Economic Calendar
7:30 Challenger Job-Cut Report
8:30 Initial Jobless Claims
8:30 Gallup Good Jobs Rate
9:30 Fed’s Evans: U.S. Monetary Policy
9:45 Chicago PMI
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
4:30 Money Supply
4:30 Fed Balance Sheet
5:00 PM Fed’s Williams Speech
PTG Trading

S&P e-mini (ES) hit projected HOD Target of 2064.25 (actual hod 2064.50) in prior session before pulling back into settlement notching a Neutral Day. Key support zone is now marked between 2046 – 2048, as price successfully tested this zone in overnight trade.

Today is Cycle Day 3 (CD3)…Price is currently trading 10 handles higher off ONL (2047.25). Economic calendar is filled today as markets await the all important monthly Jobs Report Friday.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2064.98; LOD Range Projection = 2038.52; CD3 Maximum Penetration Level = 2079.18; CD3 Maximum Violation Level = 2036.02; Cycle Day 1 Low = 2019.25; 3 Day Central Pivot = 2041.50; 3 Day Cycle Target = 2056.68; 10 Day Average True Range = 17.73.

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

Click Here

Today’s Hypotheses: June (M) 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 has successfully PL (2046.75) in overnight trade…This marks structural support now and price will need to clear and convert 2056 handle to push for higher ground targeting PH (2064.50). Further range expansion can occur if 2064.50 is converted targeting 2072.85, then 2079.18.

Scenario 2: Failure to convert PH (2046.50) and subsequent violation of 2046.75 opens door to lower prices initially targeting 2044.50 – 2042.75, followed by 2041.50 – 2040.25. LOD Range Projection measures 2038.52 and CD3 Max Violation Level at 2036.02.

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 3.30.16

Markets

World stocks are flying higher as investors welcomed Fed Chair Janet Yellen’s “cautious” stance on raising U.S. interest rates. In a speech Tuesday, Yellen said global and financial uncertainties posed risks to the domestic economy and justified a slower path for rate increases. “She totally contradicted the four Fed presidents who spoke last week, and any chance of the April rate hike suggested by them is over,” said Mark Matthews, head of research at Julius Baer. Her dovish position also helped propel Wall Street indexes to their highest closing levels of 2016.

In Asia, Japan -1.3% to 16879. Hong Kong +2.2% to 20803. China +2.8% to 3000. India +1.8% to 25339.
In Europe, at midday, London +1.7%. Paris +2%. Frankfurt +1.7%.
Futures at 6:20, Dow +0.7%. S&P +0.7%. Nasdaq +0.8%. Crude +1.7% to $38.93. Gold +0.2% to $1239.40.
Ten-year Treasury Yield +1 bps to 1.82%

(Source: Seeking Alpha)

Today’s Economic Calendar
7:00 MBA Mortgage Applications
8:15 ADP Jobs Report
10:30 EIA Petroleum Inventories
1:00 PM Results of $28B, 7-Year Note Auction
3:00 Farm Prices
PTG Trading

Markets were happy to hear the dovish tone from Fed Chair Janet Yellen during yesterday’s speech, given that other Fed Governors have inferred that rate hike could be as early as April. Fed Fund Futures are factoring in zero (0) probability of a hike in June…As such, the markets rallied higher to reach and slightly surpass 2056.68 3 Day Cycle Target.

Today is Cycle Day 2 (CD2)…Cycle Targets have been achieved, so this could make for an interesting trade…Momentum could indeed push price higher projection (2064.23)…Or simply fizzle-out and retreat back into prior days range. In either case, Bulls continue to dominate the trading landscape.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2064.23; LOD Range Projection = 2044.02; CD2 Maximum Penetration Level = 2058.86; CD2 Maximum Violation Level = 2007.51; Cycle Day 1 Low = 2019.25; 3 Day Central Pivot = 2031.00; 3 Day Cycle Target = 2056.68; 10 Day Average True Range = 17.48.

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

Click Here

Today’s Hypotheses: June (M) 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 (2048.00), THEN upside targets are 2056.68 (3 Day Cycle Target) and 2058.86 (CD2 Maximim Penetration Level)…BOTH ACHIEVED in overnight trade.

Scenario 2: IF price violates PH (2048.00) after clearing and converting in overnight trade, THEN this scenario sets up a potential reversal which would initially target 2044.02 (LOD Projection)…Weakness below this level opens trap door down to 2039.00 – 2034.25 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

Trade Strategy 3.29.16

Markets

U.S. Fed Chair Janet Yellen is due to speak at a highly anticipated Economic Club of New York luncheon today, and she has some explaining to do. On the heels of a surprisingly dovish press conference at the FOMC’s March meeting, where a rate hike path was scaled back to perhaps two this year, a handful of Fed officials over the past week have suggested a rate increase could be coming soon. Other Fed speeches on today’s calendar: San Francisco President John Williams and two appearances from Dallas President Robert Kaplan.

In Asia, Japan -0.2% to 17103. Hong Kong +0.1% to 20366. China -1.3% to 2920. India -0.3% to 24900.
In Europe, at midday, London +0.1%. Paris +0.6%. Frankfurt +0.2%.
Futures at 6:20, Dow -0.2%. S&P -0.1%. Nasdaq -0.1%. Crude -1.4% to $38.84. Gold -0.2% to $1217.80.
Ten-year Treasury Yield flat at 1.86%

(Source: Seeking Alpha)

Today’s Economic Calendar
5:15 Fed’s Williams: Monetary Policy and Global outlook
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
11:30 Janet Yellen speech
1:00 PM Results of $34B, 5-Year Note Auction
PTG Trading

Early Globex strength lead to Cash Session weakness as buyers could not hold a significant enough bid to expand the range in prior session. That said, price action did qualify for a Positive 3 Day Cycle. Not having been able to expand range higher technically is read as a failure and sets the stage for the next Cycle’s Decline.

Today is Cycle Day 1 (CD1)…NORMAL SPILL DOWN…Expectation is for developing weakness today as bulls failed to expand range higher on CD3. Currently price is trading below prior CD1 Low (2025.25), which increases pressure on existing long positions. Bears will look to force liquidation of these longs with a push below 2017.55. One caveat for both bull and bear camps is the 10-day Average True Range has now compressed to a meager 15.75 handles, which is the low end of historical norms. This could all be a prelude to the monthly Non-Farm Payroll Report on Friday.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2036.10; LOD Range Projection = 2017.55; CD1 Maximum Penetration Level = 2050.86; CD1 Maximum Violation Level = 1994.86; Cycle Day 1 Low = 2025.25; 3 Day Central Pivot = 2029.00; 3 Day Cycle Target = 2056.68; 10 Day Average True Range = 15.95.

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

Click Here

Today’s Hypotheses: June (M) 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 will need to auction back above prior CD1 Low (2025.25) to secure a bid and push higher. Upside potential exists only if price can convert 2032 SPOT. Key Levels and Projections are located in the section above.

Scenario 2: Main hypothesis today is for a decline…Violation of prior CD1 Low (2025.25) increases odds of a push lower in search of this cycle’s new secure low. Key Marker will be 2017.55…Violation of this level opens trap door for lower projections identified above.

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 3.28.16

Markets

China’s industrial profits returned to growth in the first two months of 2016, despite weakening business conditions and slowing economic growth. Profits in January and February combined rose 4.8% to 780.7B yuan ($119.8B), following seventh straight months of decline. Meanwhile, China’s massive pension fund is likely to start investing in the mainland’s A-shares this year, a move that could see 600B yuan ($92.1B) moving into the country’s equity markets. The fund, which manages almost 90% of Chinese social security deposits, can currently only invest in treasuries and bank deposits.

In Asia, Japan +0.8% to 17134. Hong Kong closed. China -0.7% to 2958. India -1.5% to 24966.
In Europe, at midday, London closed. Paris closed. Frankfurt closed.
Futures at 6:20, Dow +0.3%. S&P +0.3%. Nasdaq +0.4%. Crude +0.8% to $39.77. Gold -0.4% to $1217.
Ten-year Treasury Yield +2 bps to 1.91%

(Source: Seeking Alpha)

Today’s Economic Calendar
8:30 International trade in goods
8:30 Personal Income and Outlays
10:00 Pending Home Sales
10:30 Dallas Fed Manufacturing Survey
1:00 PM Results of $26B, 2-Year Note Auction
PTG Trading

Early morning residual selling in prior session lead to a late afternoon rally which pushed price back above Cycle Day 1 Low (2025.25). New secure low (2012.25) is now in place for this Cycle. In overnight trade price is currently 2033.00, which qualifies for Positive 3 Day Cycle and is above Cycle Day 2 High (2029.00).

Today is Cycle Day 3 (CD3)…SPILL UP…Price is holding firm at 3 Day Pivot 2032.25 in pre-cash trade. There remains potential for higher if price converts 2038.00 SPOT.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2048.10; LOD Range Projection = 2021.65; CD3 Maximum Penetration Level = 2044.02; CD3 Maximum Violation Level = 1999.64; Cycle Day 1 Low = 2025.25; 3 Day Central Pivot = 2032.25; 3 Day Cycle Target = 2056.68; 10 Day Average True Range = 18.10.

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

Click Here

Today’s Hypotheses: June (M) 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 can hold above 2032.25, THEN convert’s 2038.00, upside targets 2044 – 2048 zone.

Scenario 2: Violation of CD1 Low (2025.25) sets in motion a continuation of last week’s selling targeting 2015 – 2013 STATX Zone. Average Cycle Decline measures 2008.21 downside potential.

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 3.24.16

Markets

U.S. stock index futures are at session lows two-and-one-half hours ahead of the open, with the S&P 500 and Nasdaq 100 down 0.5%, and DJIA down 0.4%.Shanghai’s 1.6% decline led Asia lower overnight, and Germany’s off 1.6% to lead Europe’s move into the red.Down alongside, naturally, is crude oil – off 2% to $38.98 per barrel. Gold’s off 0.6% to $1,217 per ounce. The 10-year Treasury yield is marginally lower at 1.875%.

(Source: Seeking Alpha)

Today’s Economic Calendar
PTG Trading

Prior Session was textbook Cycle Day 1 (CD1) as expected decline unfolded with gap down open which bulls could not recover. Persistent selling was the theme right into MOC Sell Imbalances. Overnight trade has price pushing lower in search of new secure cycle low.

Today is Cycle Day 2 (CD2)…Violation of CD1 Low forces continued long selling until a new secure cycle low can be found. Possible levels to be mindful of are: 2016.25, 2013.25, 2008.50. Bulls will need to stabilize and reverse price back above CD1 Low (2025.25).

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2036.98; LOD Range Projection = 2008.52; CD2 Maximum Penetration Level = 2053.92; CD2 Maximum Violation Level = 2002.73; Cycle Day 1 Low = 2025.25; 3 Day Central Pivot = 2037.50; 3 Day Cycle Target = 2056.68; 10 Day Average True Range = 20.23.

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

Click Here

Today’s Hypotheses: June (M) 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 will need to find early buy response at or above 2016.25 as first line of possible support. IF this occurs, THEN reversal bounce targets CD1 Low (2025.25). Bulls will need to convert this level into upper support for higher price potential.

Scenario 2: Price has violated CD1 Low which is forcing additional selling…Downside momentum could possibly push lower to 2016.25, followed by 2013.25. Lower Range Projection measures 2008.52 and Average Cycle Decline.

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 3.23.16

Markets

U.S. futures are hugging the flatline as traders brushed off jitters related to the Brussels attacks and appetite for equities waned ahead of the long Easter weekend. “Generally, the impact of terror attacks has become less and less dramatic after 9/11,” said Bernard Aw, market strategist at IG in Singapore. With few major economic and corporate releases on this week’s agenda, investors expect stocks to remain near their highest levels of 2016, following a five-week rally that helped erase steep losses at the start of the year.

Wall Street’s “fear gauge” has been falling sharply as traders anticipate the current rebound could help propel the S&P 500 to close out Q1 on a winning note. The Vix index, a widely followed barometer of implied volatility, hovered below a reading of 14 on Tuesday, near its lowest level since mid-August. The long-term average for Vix is 20, and readings below that level suggest greater optimism among investors.

In Asia, Japan -0.3% to 17001. Hong Kong -0.3% to 20615. China +0.4% to 3010. India flat at 25337.
In Europe, at midday, London flat. Paris +0.3%. Frankfurt +1%.
Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude -0.8% to $41.14. Gold -1.2% to $1233.40.
Ten-year Treasury Yield flat at 1.94%

(Source: Seeking Alpha)

Today’s Economic Calendar

7:00 MBA Mortgage Applications
10:00 New Home Sales
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction

PTG Trading

Compression…Compression…Compression…Price range continues to compress, as Ten-Day Average True Range is now 20 handles. Vix Index, which is a measure of implied volatility hovering near 14…This makes for challenging trading for the intra-day trader, as trade opportunities are scarce. With the shortened Easter Holiday week expectation is for more of the same, so keep your trading powder dry…DO NOT force trades that are not cleanly developed.

Today is Cycle Day 1 (CD1)…NORMAL SPILL DOWN…With price compressing in a relatively narrow range, any decline may be shallower than the norm. On the flip-side, bulls remain in control, so it could be setup for a “Thin to Win” upside break into the long holiday weekend. Stay vigilant…Do Not become complacent.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2057.75; LOD Range Projection = 2025.25; CD1 Maximum Penetration Level = 2059.50; CD1 Maximum Violation Level = 1998.66; Cycle Day 1 Low = 2027.00; 3 Day Central Pivot = 2038.50; 3 Day Cycle Target = 2062.28; 10 Day Average True Range = 20.

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

Click Here

Today’s Hypotheses: June (M) 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 2045.00, THEN initial upside objective is 2049.25 – 2051.25 STATX Zone, followed by 2057.75 – 2062.28 upper target zone.

Scenario 2: IF price violates and converts 2027.00, THEN trap door opens to force weak longs out targeting 2016.00 – 2009.50 Lower STATX Zone. Average Decline on CD1 measures 2008.21.

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 3.22.16

Markets

Just a few days after the FOMC slashed its forecast for the number of rate hikes this year, two Fed speakers suggested the central bank could move as soon as its next meeting. “There is sufficient momentum evidenced by the economic data to justify a further step…as early as the meeting scheduled for the end of April,” said Atlanta Fed boss Dennis Lockhart. “April or June would definitely be potential times to have an increase in interest rates,” added San Francisco Fed President John Williams.

In Asia, Japan +1.9% to 17049. Hong Kong -0.1% to 20667. China -0.6% to 2999. India +0.2% to 25330.
In Europe, at midday, London -0.7%. Paris -0.9%. Frankfurt -0.8%.
Futures at 6:20, Dow -0.3%. S&P -0.4%. Nasdaq -0.5%. Crude -0.1% to $41.47. Gold +0.6% to $1251.50.
Ten-year Treasury Yield -2 bps to 1.90%

(Source: Seeking Alpha)

Today’s Economic Calendar

8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
9:45 PMI Manufacturing Index Flash
10:00 Richmond Fed Mfg.
12:30 PM Fed’s Evans speech
6:30 PM Fed’s Harker speech

PTG Trading

S&P e-mini (ES) continued to consolidate last weeks gains as volatility and price range continue to contract. Average True Range (10) is now 20.70 and VIX 13.79. Key price support is marked between 2027.00 – 2028.50 Cycle Day 1 Low Zone.

Today is Cycle Day 3 (CD3)…IFFY SPILL…Price will need to expand above CD2 High (2044.50) to expand upwards…Bears need to kill CD1 Low (2027.00) to force long liquidation.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2049.25; LOD Range Projection = 2024.05; CD3 Maximum Penetration Level = 2053.37; CD3 Maximum Violation Level = 2017.79; Cycle Day 1 Low = 2027.00; 3 Day Central Pivot = 2033.50; 3 Day Cycle Target = 2062.28; 10 Day Average True Range = 20.70.

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

Click Here

Today’s Hypotheses: June (M) 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 (2044.50), THEN upside expansion targets 2046.25 – 2049.25…CD3 Maximum Penetration Level is 2053.37.

Scenario 2: IF price violates and converts 2027.00 – 2028.50 Zone (CD1 Low), THEN forced long liquidation may unfold targeting 2025.05, followed by 2022.25 – 2017.75 STATX Zone and CD3 Maximum Violation Level.

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 3.21.16

Markets

U.S. inflation will likely accelerate in coming years and move toward the Federal Reserve’s 2% target, Richmond Fed President Jeffrey Lacker said during a speech at the Banque de France in Paris. “Inflation has been held down recently by two factors, the falling price of oil and the rising value of the dollar…after the price of oil bottoms out, I would expect to see headline inflation move significantly higher.” Lacker, who doesn’t vote on monetary policy this year, dissented in September and October in favor of an earlier liftoff of interest rates from zero – a move finally made by the Fed in December.

In Asia, Japan closed. Hong Kong flat at 20684. China +2.2% to 3019. India +1.3% to 25285.
In Europe, at midday, London +0.2%. Paris flat. Frankfurt +0.9%.
Futures at 6:20, Dow +0.2%. S&P +0.1%. Nasdaq +0.2%. Crude -0.3% to $41.02. Gold -0.7% to $1245.10.
Ten-year Treasury Yield flat at 1.88%

(Source: Seeking Alpha)

Today’s Economic Calendar

2:45 Fed’s Lacker: Central bankers outlook
8:30 Chicago Fed National Activity Index
10:00 Existing Home Sales
12:30 PM Fed’s Lockhart speech
8:30 PM Fed’s Bullard: Economic Outlook

PTG Trading

Friday’s prior session began a new Cycle with a “shallow low” (less than normal), which reinforces the bullish sentiment of this recent upswing. Quad Options Expiration along with Rebalance made for a tough low volatility trade session.

Today is Cycle Day 2 (CD2)…NORMAL NEUTRAL UP…There remains plenty of upside potential should price hold above CD1 High (2042.75)…First Sign of Weakness (SOW) would be a violation and conversion of 2027.00 (CD1 Low).

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2052.33; LOD Range Projection = 2022.92; CD2 Maximum Penetration Level = 2056.64; CD2 Maximum Violation Level = 2011.55; Cycle Day 1 Low = 2027.00; 3 Day Central Pivot = 2024.50; 3 Day Cycle Target = 2062.28; 10 Day Average True Range = 21.33.

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

Click Here

Today’s Hypotheses: June (M) 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 (2042.75), THEN upside expansion targets 2044.25 – 2046.00 STATX Zone…Above this zone measures 2052.33 (HOD) and 2053.64 CD2 Max Penetration Level.

Scenario 2: IF price violates the ONL (2031.00), THEN test of CD1 Low (2027.00) would likely unfold. Further violation and conversion of this level opens door to deeper corrective move targeting 2024.50 3 Day Central Pivot, then 2022.92 Low of Day projection.

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 3.18.16

Markets

Crude prices are flirting with new 2016 highs, as U.S. oil heads for a fifth week of gains, marking the longest rising streak in about a year for the benchmark. The run has brought WTI above $40 per barrel, surging more than 50% from 12-year lows in February, on the back of a weaker dollar and growing optimism that major producers will strike a production freeze deal.

In Asia, Japan -1.2% to 16725. Hong Kong +0.8% to 20672. China +1.7% to 2955. India +1.1% to 24953.
In Europe, at midday, London +0.5%. Paris +0.2%. Frankfurt +0.2%.
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -0.1% to $40.16. Gold -0.7% to $1255.60.
Ten-year Treasury Yield -3 bps to 1.87%

(Source: Seeking Alpha)

Today’s Economic Calendar

10:00 Reuters/UofM Consumer Sentiment
10:00 Atlanta Fed’s Business Inflation Expectations
1:00 PM Baker-Hughes Rig Count
3:00 PM Fed’s Bullard: U.S. Monetary and Economic Policy

PTG Trading

Early overnight weakness in prior session which found solid support at 3 Day Central Pivot (2004.50) setups continuation rally during cash session, pushing price higher to reach and surpass 2026.88 3 Day Cycle Rally Target. In overnight trade price gains continue to hold with minor support now marked at 2028.25.

Today is Cycle Day 1 (CD1)…NORMAL SPILL DOWN…Residual bullish momentum may continue to dominate the trading landscape…First sign of weakness would be failure to hold above 2028.25. Today is QUAD Options Expiry so stay focused. Crude continue to roar higher trading at $42 in overnight action.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2049.55; LOD Range Projection = 2014.20; CD1 Maximum Penetration Level = 2051.28; CD1 Maximum Violation Level = 1975.66; Cycle Day 1 Low = 1995.00; 3 Day Central Pivot = 2013.75; 3 Day Cycle Target = 2026.88; 10 Day Average True Range = 22.55.

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

Click Here

Today’s Hypotheses: June (M) 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 2028.25 and subsequently clears and converts PH (2036.75), THEN expansion upside objective measures 2040.25 – 2044.00 STATX Zone. High of Day Range Projection (2049.55) and CD1 Maximum Penetration Level (2051.28) respectively.

Scenario 2: Initial Sign of Weakness (SOW) would be a violation and conversion of 2028.25 SPOT which targets 2024.75 – 2021.25 zone. Below this zone opens door down to 2016.25 – 2011.25 3 Day 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

Trade Strategy 3.17.16

Markets

U.S. futures are indicating a lower open on Wall Street, despite a dovish statement from the Federal Reserve Wednesday afternoon that boosted stocks and sent the S&P 500 to its highest level of the year. The Fed held rates between 0.25%-0.50% and cut its projection for the number of rate hikes this year from four to two, pointing to “global economic and financial developments” that will keep inflation low for the remainder of 2016. The announcement sent the dollar plummeting, and the currency continued to drop sharply overnight to an almost three-week low against the yen.

In Asia, Japan -0.2% to 16936. Hong Kong +1.2% to 20504. China +1.2% to 2904. India flat at 24677.
In Europe, at midday, London -0.6%. Paris -1.9%. Frankfurt -2%.
Futures at 6:20, Dow -0.5%. S&P -0.5%. Nasdaq -0.6%. Crude +1.6% to $40.63. Gold +3.3% to $1270.90.
Ten-year Treasury Yield -8 bps to 1.85%

(Source: Seeking Alpha)

Today’s Economic Calendar

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

PTG Trading

S&P e-mini (ES) rallied in prior session on reaction to FOMC’s slightly dovish pace of interest rate increases. Overnight trade extended to the rally to reach 2026.88 3 Day Cycle Target…At which time price reversed sharply and is now trading 18 handles lower at 2008.00.

Today is Cycle Day 3 (CD3)…SPILL IFFY/DOWN…Having reached Cycle Target (2026.88) objective, buyers seem to have run out of fuel to continue the auction higher. The new YELL is now 2002.00…Bulls will need to keep price stable above this level for continued drive higher. Key Support Marker is now 1995.00 SPOT. Violation and conversion of this level will unravel the recent multi-day consolidation. Lastly, this week has Quadruple Options Expiring, the ride may be a bit bumpy.

Range Projections and Key Levels: June (M) Contract

HOD Range Projection = 2027.52; LOD Range Projection = 2005.48; CD3 Maximum Penetration Level = 2031.10; CD3 Maximum Violation Level = 1988.69; Cycle Day 1 Low = 1995.00; 3 Day Central Pivot = 2008.25; 3 Day Cycle Target = 2026.88; 10 Day Average True Range = 21.77.

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

Click Here

Today’s Hypotheses: June (M) 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 will need to stay above 2002.00 (YELL) for the bullish case and clear and convert 2012 SPOT to be able to push higher…Lots of room between 2012 and 2026 for price to freely move to find natural balance levels.

Scenario 2: Violation and conversion of 2002.00 (YELL) opens trap door down to retest 1995.00 Cycle Day 1 Low…Selling below this level traps many buyers and could force some long liquidation. CD3 Maximum Violation Level is marked at 1988.69.

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