Trade Strategy 3.31.17

Markets
  
In Asia, Japan -0.8%. Hong Kong -0.8%. China +0.4%. India -0.1%.
In Europe, at midday, London -0.5%. Paris -0.3%. Frankfurt -0.1%.
Futures at 6:20, Dow -0.2%. S&P -0.3%. Nasdaq -0.2%. Crude -0.7% to $50.01. Gold -0.3% to $1244.40.
Ten-year Treasury Yield flat at 2.41%

(Source: Seeking Alpha)

Economic Calendar 

8:30 Personal Income and Outlays
9:45 Chicago PMI
10:00 Consumer Sentiment
10:00 Fed’s Kashkari speech
1:00 PM Baker-Hughes Rig Count
10:30 PM Fed’s Bullard: U.S. Monetary and Economic Policy

PTG Trading

Today is Cycle Day 1 (CD1)…Average Decline (11.25) on CD1 measures 2355 which is also the 3 Day Central Pivot. This will be level for support test today and should this fail to hold, then lower levels targeting 2350 – 2345 may come into play. 

It’s Quarter End, so some window-dressing is expected, though we cannot rule out the “walk-away trade” during the afternoon session.

Range Projections and Key Levels

HOD  ATR Range Projection: 2375.75; LOD ATR Range Projection: 2346.75; Cycle Day 1 Low: 2333.50; 3 Day Central Pivot: 2355.25; 3 Day Cycle Target: 2359.50; 10 Day Average True Range: 19.00

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

Click Here

Today’s Hypotheses: June 2017 (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:  Bulls must keep price firm above 2355 – 53 zone for support  and push above 2362 -65 to clear recent resistance. 

Scenario 2:  Bears need to convert 2353 – 50 to initial lower resistance in order to push for 2345 handle.

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 3.30.17

Markets
  
In Asia, Japan -0.8%. Hong Kong -0.4%. China -1%. India +0.4%.
In Europe, at midday, London flat. Paris -0.1%. Frankfurt flat.
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude -0.3% to $49.35. Gold -0.3% to $1253.30.
Ten-year Treasury Yield flat at 2.38%

(Source: Seeking Alpha)

Economic Calendar 

8:30 GDP Q4
8:30 Initial Jobless Claims
8:30 Corporate Profits
9:45 Bloomberg Consumer Comfort Index
9:45 Fed’s Mester Speech
10:30 EIA Natural Gas Inventory
11:00 Fed’s Kaplan Speech
3:00 Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
4:30 PM Fed’s Dudley: “The Importance of Financial Conditions in the Conduct of Monetary Policy”

PTG Trading

S&P held consolidation within 2348 – 2359 parameters outlined in prior DTS Briefing 3.29.17 during yesterday’s 

Today is Cycle Day 3 (CD3)…Cycle targets have been achieved and tested…As such, if price fails to carry higher then price could begin to decline testing 2352 – 2348 zone for support surety. There may be some window-dressing as 1st Quarter comes to a close.

Range Projections and Key Levels

HOD  ATR Range Projection: 2372.00; LOD ATR Range Projection: 2343.68; Cycle Day 1 Low: 2333.50; 3 Day Central Pivot: 2345.50; 3 Day Cycle Target: 2359.50; 10 Day Average True Range: 18.83

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

Click Here

Today’s Hypotheses: June 2017 (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 (2359.75), THEN further upside expansion measures 2369 – 2372 zone.

Scenario 2:  Violation and conversion of 2352 SPOT to lower resistance opens door for deeper downside test of key support @ 2348 and 2345 3 Day Central Pivot.

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 3.29.17

Markets
  
In Asia, Japan +0.1%. Hong Kong +0.2%. China -0.4%. India +0.4%.
In Europe, at midday, London -0.2%. Paris +0.1%. Frankfurt +0.3%.
Futures at 6:20, Dow -0.1%. S&P flat. Nasdaq flat. Crude +0.5% to $48.61. Gold -0.3% to $1251.30.
Ten-year Treasury Yield flat at 2.41%

(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
9:20 Fed’s Evans speech
10:00 Pending Home Sales
10:30 EIA Petroleum Inventories
11:30 Fed’s Rosengren: Economic Outlook
11:30 Results of $15B, 2-Year FRN Auction
1:00 PM Results of $28B, 7-Year Note Auction

PTG Trading

Continuation Rally propelled price higher to achieve 2359.50 3 Day Rally Target as quarterly window-dressing took full effect. Overnight trade is quiet with narrow range consolidation.

Today is Cycle Day 2 (CD2)…Expectation for today is for back n fill price action with an upward skew, following strong 2-day rally. Bulls are looking to keep a firm bid as 1st Quarter rolls to a close.

Range Projections and Key Levels

HOD  ATR Range Projection: 2370.27; LOD ATR Range Projection: 2336.48; Cycle Day 1 Low: 2333.50; 3 Day Central Pivot: 2341.50; 3 Day Cycle Target: 2359.50; 10 Day Average True Range: 20.27

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

Click Here

Today’s Hypotheses: June 2017 (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:  Bulls must keep control above 2348 – 50 zone with Weekly POC (2345) as key support marker. Possible retest of 2359 handle would be expected today with conversion opening the door to further upside targeting 2365 – 2369 zone.

Scenario 2:  Bears are back on the defensive needing price below 2350 – 2348 zone targeting 2345. 

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 3.28.17

Markets
  
In Asia, Japan +1.1%. Hong Kong +0.6%. China -0.4%. India +0.6%.
In Europe, at midday, London flat. Paris +0.1%. Frankfurt +0.6%.
Futures at 6:20, Dow flat. S&P +0.1%. Nasdaq +0.1%. Crude +0.9% to $48.14. Gold -0.2% to $1253.50.
Ten-year Treasury Yield flat at 2.37%

(Source: Seeking Alpha)

Economic Calendar 

International trade in goods
8:55 Redbook Chain Store Sales
9:00 S&P Corelogic Case-Shiller Home Price Index
10:00 Consumer Confidence
10:00 Richmond Fed Mfg.
10:00 State Street Investor Confidence Index
12:45 PM Fed’s George speech
1:00 PM Results of $26B, 5-Year Note Auction

PTG Trading

Bulls got the help they needed in prior session to rally price back above CD1 Low (2338.25) to notch a Positive 3 Day Cycle as outline in Scenario 1 of prior DTS Briefing 3.27.17.

Today begins a new Cycle Day 1 (CD1)…Normal is for some magnitude decline to unfold today should yesterday’s counter-trend rally fizzle n drizzle. Average Decline on CD1 measures 2330 handle. Any pullback below this level could spell trouble for the bulls to regain full control.

Range Projections and Key Levels

HOD  ATR Range Projection: 2353.95; LOD ATR Range Projection: 2324.80; Cycle Day 1 Low: 2338.25; 3 Day Central Pivot: 2340.25; 3 Day Cycle Target: 2357.50; 10 Day Average True Range: 19.20

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

Click Here

Today’s Hypotheses: June 2017 (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 hold at or above 2330 – 2332 zone for support to keep prior session’s rally intact. IF successful, THEN primary objective is to convert 2345 weekly point-of-control to upper support, which would open door to 2350.

Scenario 2:  Bears need to cap price action at prior high (2341.50) and push for a violation and conversion of 2332.30 zone to lower resistance. IF successful, THEN retest of prior low (2317.75) could unfold.

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 3.27.17

Markets
  
In Asia, Japan -1.4%. Hong Kong -0.7%. China -0.1%. India -0.6%.
In Europe, at midday, London -0.8%. Paris -0.3%. Frankfurt -0.8%.
Futures at 6:20, Dow -0.7%. S&P -0.9%. Nasdaq -0.8%. Crude -0.9% to $47.52. Gold +0.7% to $1257.60.
Ten-year Treasury Yield -3 bps to 2.37% 

(Source: Seeking Alpha)

Economic Calendar 

10:30 Dallas Fed Manufacturing Survey
1:00 PM Results of $26B, 2-Year Note Auction
1:15 PM Fed’s Evans speech

PTG Trading

S&P e-mini continues to slip lower in overnight trade down to projected 2321.50 possible cycle low. Also on tap for today during cash session will be a big test of 2330 50 day SMA. Cycle Range low is measured to 2315 and deep extreme to 2312- 2310 zone.

Today is Cycle Day 3 (CD3)…Unless price can rally back to 2339.25 sometime during session this would notch a 2nd consecutive failed 3 Day Rally which is statistically rare.

Range Projections and Key Levels

HOD  ATR Range Projection: 2335.25; LOD ATR Range Projection: 2320.00; Cycle Day 1 Low: 2338.25; 3 Day Central Pivot: 2343.25; 3 Day Cycle Target: 2357.50; 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 2017 (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:  Bulls need some help this morning to fend off any additional weakness to get them back into prior session range above 2332 which has been support. IF successful, THEN 2338 would be next objective for a positive 3 day rally.

Scenario 2:  Bears have control and it is theirs to lose…Continue push for lower targeting 2315 – 2312 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 3.24.17

Markets
  
Oil is set for its third weekly drop ahead of this weekend’s meeting in Kuwait, at which OPEC and its production-cutting allies will assess the effectiveness of their actions to date. Talks will also be overshadowed by the question of whether the persisting glut requires curbs
to be extended beyond the summer.
 
In Asia, Japan +0.9%. Hong Kong +0.1%. China +0.6%. India +0.3%.
In Europe, at midday, London -0.2%. Paris -0.5%. Frankfurt -0.2%.
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude +0.7% to $48.01. Gold -0.3% to $1243.70.
Ten-year Treasury Yield flat at 2.42%

(Source: Seeking Alpha)

Economic Calendar 

8:00 Fed’s Evans speech
8:05 Fed’s Bullard speech
8:30 Durable Goods
9:45 PMI Composite Flash
1:00 PM Baker-Hughes Rig Count

PTG Trading

S&P e-mini held above 2342 early and rallied to reach upside target as outlined in prior DTS Briefing 3.23.17Scenario 1:  Bulls will need to hold above 2342 handle and convert 2348 to upper support. IF successful, THEN initial target is 2352.50 – 2356.50 3 Day Central Pivot Zone.”

Today is Cycle Day 2 (CD2)…Neutral consolidation day with current range marked between 2336 – 2356. The stage is set for a continuation move lower for bears targeting 2326 Cycle Range low or a stop-n-reverse for bulls above 2356 targeting 2364 Cycle Range High.

Range Projections and Key Levels

HOD  ATR Range Projection: 2357.63; LOD ATR Range Projection: 2332.63; Cycle Day 1 Low: 2338.25; 3 Day Central Pivot: 2346.25; 3 Day Cycle Target: 2364.50; 10 Day Average True Range: 16.88

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

Click Here

Today’s Hypotheses: June 2017 (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:  Conversion of 2348 handle would be first sign of strength (SOS) initially targeting 2357.50 HOD Range Projection.

Scenario 2:  Conversion below 2342 would be first sign of weakness (SOW) targeting 2332.50 LOD Range 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 3.23.17

Markets
  
In Asia, Japan +0.2%. Hong Kong flat. China +0.1%. India +0.6%.
In Europe, at midday, London -0.1%. Paris flat. Frankfurt +0.2%.
Futures at 6:20, Dow flat. S&P +0.1%. Nasdaq flat. Crude +0.6% to $48.32. Gold -0.1% to $1248.30.
Ten-year Treasury Yield +2 bps to 2.41%

(Source: Seeking Alpha)

Economic Calendar 

8:00 PM Janet Yellen speech
8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:00 New Home Sales
10:30 EIA Natural Gas Inventory
12:00 PM Fed’s Kashkari speech
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
7:00 PM Fed’s Kaplan: Economic Outlook and Monetary Policy

PTG Trading

Bulls counter-punched and fended off any additional selling and by session settlement had rallied reaching our initial target 2346 – 48 zone outlined in prior DTS Briefing 3.22.17.

Today is Cycle Day 1 (CD1)…Price in currently trading @ 2347.00, straight within yesterdays target zone. Market has one last chance for rally to 2365.50 (CD1 Low) recovering a potential negative 3 Day Cycle. Today’s healthcare vote may be a catalyst for next move.

Range Projections and Key Levels

HOD  ATR Range Projection: 2358.63; LOD ATR Range Projection: 2332.88; Cycle Day 1 Low: 2365.50; 3 Day Central Pivot: 2354.50; 3 Day Cycle Target: 2361.50; 10 Day Average True Range: 16.63

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

Click Here

Today’s Hypotheses: June 2017 (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:  Bulls will need to hold above 2342 handle and convert 2348 to upper support. IF successful, THEN initial target is 2352.50 – 2356.50 3 Day Central Pivot Zone.

Scenario 2:  Bears will need to convert 2342 to lower resistance for a retest of 2332 pivot support. Average Decline on CD1 measures 2328.50.

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 3.22.17

Markets
  
In Asia, Japan -2.1%. Hong Kong -1.1%. China -0.5%. India -1.1%.
In Europe, at midday, London -0.8%. Paris -0.5%. Frankfurt -0.5%.
Futures at 6:20, Dow -0.2%. S&P -0.1%. Nasdaq -0.1%. Crude -1.4% to $47.56. Gold -0.1% to $1245.80.
Ten-year Treasury Yield -2 bps to 2.41%

(Source: Seeking Alpha)

Economic Calendar 

MBA Mortgage Applications
9:00 FHFA House Price Index
10:00 Existing Home Sales
10:30 EIA Petroleum Inventories

PTG Trading

Just like lemmings off a cliff, market participants finally realized the the bus was too full and headed for the exits, which began an avalanche of selling throughout the prior session. Expectation will be for some residual selling until a new balance zone can be established.

Today is Cycle Day 3 (CD3)…Normally when price is below CD1 Low on CD3, there are decent odds of rallying back, though for today that may be unattainable. Search for a secure low will be important to discover for market to stabilize.

Range Projections and Key Levels

HOD  ATR Range Projection: 2348.50; LOD ATR Range Projection: 2325.25; Cycle Day 1 Low: 2365.50; 3 Day Central Pivot: 2366.50; 3 Day Cycle Target: 2385.00; 10 Day Average True Range: 16.23

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

Click Here

Today’s Hypotheses: June 2017 (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 solid support at or above 2332 handle to dampen any further downside. IF successful, first objective will be back to 2348 – 2350 zone. Cycle Range high measures 2354.50.

Scenario 2:  Bears have the momentum and want to continue to push lower for margin selling. Cycle Range Projection measures 2325 – 2319 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 3.21.17

Markets
 
Oil prices are up on a rumor that an OPEC-led production cut could be extended beyond June, although the move would require non-OPEC members like Russia to increase their efforts. So far the supply cap agreed to last November has done little to prop up prices, as other producers, including the United States, have stepped up to fill the gap. Crude futures +0.8% to $49.32/bbl.
 
In Asia, Japan -0.3%. Hong Kong +0.4%. China +0.4%. India -0.1%.
In Europe, at midday, London -0.2%. Paris +0.3%. Frankfurt flat.
Futures at 6:20, Dow +0.1%. S&P +0.2%. Nasdaq +0.2%. Crude +0.8% to $49.32. Gold -0.1% to $1232.40.
Ten-year Treasury Yield +2 bps to 2.49%
 

(Source: Seeking Alpha)

Economic Calendar 

8:30 Current Account
8:55 Redbook Chain Store Sales
12:00 PM Fed’s George speech
6:00 PM Fed’s Mester speech

PTG Trading

Price session unfolded normally on Cycle Day 1 (CD1) as price declined to reach 2366 target outlined in prior DTS Briefing 3.20.17. We will temporarily mark 2365.50 as “secure-low” as long as bulls can convert 2376 – 78 zone to solid upper support.

Today is Cycle Day 2 (CD2)…Rally which began in prior session is currently firm in overnight trade but still needs to clear the 2376 – 78 zone to expand higher. Initial upside targets 2381 HOD Range Projection.

Range Projections and Key Levels

HOD  ATR Range Projection: 2381.00; LOD ATR Range Projection: 2363.50; Cycle Day 1 Low: 2365.50; 3 Day Central Pivot: 2375.75; 3 Day Cycle Target: 2385.00; 10 Day Average True Range: 13.15

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

Click Here

Today’s Hypotheses: June 2017 (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 2376 – 78 zone to upper support, THEN initial upside objective measures 2381 – 83 zone. Average 3 Day Cycle Target is 2385.00

Scenario 2:  IF price violates and converts 2372 (YELL) to lower resistance, bears will have an opening to push lower for a retest of CD1 Low (2365.50). Violation of this level measures down to 2359 handle.

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 3.20.17

Markets
 
In Asia, Japan closed. Hong Kong +0.8%. China +0.4%. India -0.4%.
In Europe, at midday, London -0.2%. Paris -0.4%. Frankfurt -0.4%.
Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.1%. Crude -1.3% to $48.69. Gold +0.2% to $1232.50.
Ten-year Treasury Yield flat at 2.5%

(Source: Seeking Alpha)

Economic Calendar 

8:30 Chicago Fed National Activity Index
8:30 Fed’s Evans: Monetary Policy
1:10 PM Fed’s Evans speech

PTG Trading

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with the average measuring 2370, which has already been achieved during overnight trade session. The new YELL is 2372, so we will monitor this level carefully for hints of continued strength or new weakness. Key support zone is marked between 2366 – 2368.

Range Projections and Key Levels

HOD  ATR Range Projection: 2382.30; LOD ATR Range Projection: 2361.20; Cycle Day 1 Low: 2363.00; 3 Day Central Pivot: 2378.00; 3 Day Cycle Target: 2388.00; 10 Day Average True Range: 13.55

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

Click Here

Today’s Hypotheses: June 2017 (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:  Bulls will need to hold above 2366 – 68 zone and move the ball back above 2378 3 Day Central Pivot to reassert the larger uptrend. IF successful, THEN initial target measures 2382 – 2384 zone.

Scenario 2:  Bears want to play “keep away” below 2372 (YELL) and push for a violation and conversion below 2366 – 68 zone. IF successful, THEN downside targets 2361 – 2359 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