Trade Strategy 6.30.17

Markets

Second Quarter Comes To A Close

Stocks and bonds showed signs of stabilizing on the final day of the second quarter as investors looked to close out the period on a positive note. While equities around the world have spent most of the year climbing and government bond yields have remained ultra-low, those trends reversed this week amid pressure on the tech sector and worries about central bank policy tightening.

In Asia, Japan -0.9%. Hong Kong -0.8%. China +0.1%. India +0.2%
In Europe, at midday, London +0.3%. Paris +0.7%. Frankfurt +0.2%
Futures at 6:20, Dow +0.3%. S&P +0.3%. Nasdaq +0.4%. Crude +0.9% to $45.31. Gold -0.2% to $1242.90.   

(Source: Seeking Alpha)

Economic Calendar 

8:30 Personal Income and Outlays
9:45 Chicago PMI
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.26 – 6.30

Bears finally got their wish as markets sold off in prior session testing 2402 May 31st pivot. Late day bounce stemmed further losses, but clearly Bears were in control.

Today is Cycle Day 2 (CD2)…3 Day Average Rally Target of 2428 in nearly fulfilled, so with long Independence Day holiday weekend just ahead, expectation will be for non-directional trade as traders and investors head out by noon.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2432.65; LOD ATR Range Projection: 2409.10; Cycle Day 1 Low: 2402.25; 3 Day Central Pivot: 2426.50; 3 Day Cycle Target: 2428.00; 10 Day Average True Range: 17.65

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

Click Here

Today’s Hypotheses: September 2017 (U) 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: Upside range boundary measures 2432 as possible upper range target.

Scenario 2: Downside range boundary measures 2409 as possible lower range target.

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

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

Good Trading…David

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

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

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone.

Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose.

This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 6.29.17

Markets
 
In Asia, Japan +0.5%. Hong Kong +1.1%. China +0.5%. India +0.1%
In Europe, at midday, London +0.2%. Paris -0.7%. Frankfurt -0.4%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq -0.3%. Crude +0.8% to $45.10. Gold -0.3% to $1245.70. 
Ten-year Treasury Yield +3 bps to 2.25%
   
(Source: Seeking Alpha)

Economic Calendar 

8:30 Initial Jobless Claims
8:30 GDP Q1
8:30 Corporate profits
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Fed’s Bullard: U.S. Monetary and Economic Policy
3:00 PM Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.26 – 6.30

Frustrated Bears could not get a follow-through session as Bulls came roaring back to drive prices higher, leaving shorts to scramble cover all day.

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with the average measuring 2430 on a pullback from current levels. Quarter ending may see some window-dressing ahead of the long July 4th holiday.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2454.77; LOD ATR Range Projection: 2429.23; Cycle Day 1 Low: 2428.00; 3 Day Central Pivot: 2431.50; 3 Day Cycle Target: 2456.58; 10 Day Average True Range: 15.77

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 any selling above 2438 and continue to force short-covering above 2445, which targets 2450 handle.

Scenario 2: Bears need help to convert 2438 back to resistance…IF successful, THEN lower target measures 2433 – 2430 3D CPZ and range low.

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

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

Good Trading…David

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

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

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone.

Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose.

This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 6.28.17

Markets
 
In Asia, Japan -0.5%. Hong Kong -0.6%. China -0.5%. India -0.4%
In Europe, at midday, London flat. Paris -0.3%. Frankfurt -0.5%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq -0.3%. Crude -0.5% to $44.03. Gold +0.5% to $1253.40. 
Ten-year Treasury Yield +5 bps to 2.25%
   
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
8:30 International trade in goods
10:00 Pending Home Sales
10:30 EIA Petroleum Inventories
11:30 Results of $13B, 2-Year FRN Auction
1:00 PM Results of $28B, 7-Year Note Auction

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.26 – 6.30

Prior DTS Report 6.27.17 comments played out near perfectly with violation breakdown of 2428 key support…

“Failed breakout in ES and reversal in NQ sent price back down into last weeks range. This sets up a potential test and possible break of 2428 key range low in S&P e-mini. Today is Cycle Day 2 (CD2)…Possible range low measures 2419.84 with cycle low 2414.65.”

Today is Cycle Day 3 (CD3)…Odds favor a rebound rally attempt to recapture CD1 Low (2430.00). New key support marker now is 2416 handle. Violation and conversion of this level hints at deeper down-slide. 

 Range Projections and Key Levels

HOD  ATR Range Projection: 2428.85; LOD ATR Range Projection: 2408.90; Cycle Day 1 Low: 2428.00; 3 Day Central Pivot: 2431.50; 3 Day Cycle Target: 2447.00; 10 Day Average True Range: 15.10

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 PL (2416.50) and push back to recapture CD1 Low (2430.00). Three-Day Central Pivot (2431.50) is anticipated to act as overhead resistance.

Scenario 2: Bears are looking for a continuation day lower with a violation and conversion of 2416.50. IF successful, THEN lower levels 2406, 2402, 2396.

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 6.27.17

Markets
 
In Asia, Japan +0.4%. Hong Kong -0.1%. China +0.2%. India -0.6%.
In Europe, at midday, London flat. Paris -0.5%. Frankfurt -0.4%.
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.4%. Crude +1.1% to $43.84. Gold +0.5% to $1252.40.
Ten-year Treasury Yield +3 bps to 2.16%
   
(Source: Seeking Alpha)

Economic Calendar 

4:05 Fed’s Williams Speech
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
11:15 Fed’s Harker: Economic Outlook
1:00 PM Janet Yellen speech
1:00 PM Results of $34B, 5-Year Note Auction

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.26 – 6.30

Failed breakout in ES and reversal in NQ sent price back down into last weeks range. This sets up a potential test and possible break of 2428 key range low in S&P e-mini.

Today is Cycle Day 2 (CD2)…Possible range low measures 2419.84 with cycle low 2414.65.

Range Projections and Key Levels

HOD  ATR Range Projection: 2444.32; LOD ATR Range Projection: 2423.00; Cycle Day 1 Low: 2428.00; 3 Day Central Pivot: 2434.50; 3 Day Cycle Target: 2447.00; 10 Day Average True Range: 14.32

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 to convert 2438 to upper support to re-ignite the rally attempted in prior session. IF successful, THEN upside measure 2447 3 Day Cycle Target.

Scenario 2: Bears are looking for a violation and conversion of 2428 to get some forced selling, which targets 2423 handle down to 2414 Cycle Range Low.

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

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

Good Trading…David

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

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

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone.

Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose.

This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

Trade Strategy 6.26.17

Markets
 
In Asia, Japan +0.1%. Hong Kong +0.8%. China +0.9%. India -0.5%.
In Europe, at midday, London +0.7%. Paris +1%. Frankfurt +0.8%.
Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.3%. Crude +0.7% to $43.30. Gold -1% to $1243.60.
Ten-year Treasury Yield flat at 2.15%
   
(Source: Seeking Alpha)

Economic Calendar 

8:30 Durable Goods
8:30 Chicago Fed National Activity Index
10:30 Dallas Fed Manufacturing Survey
1:00 PM Results of $26B, 2-Year Note Auction

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.26 – 6.30

Today is Cycle Day 3 (CD3)…There remains room for ES Bulls to push to reach 3D Cycle Target 2447, with higher levels measuring 2450 – 53 zone.

Nazzie (NQ) continues to gain recovery points with important test of breakdown zone between 5842 – 52.

Range Projections and Key Levels

HOD  ATR Range Projection: 2444.00; LOD ATR Range Projection: 2427.70; Cycle Day 1 Low: 2428.00; 3 Day Central Pivot: 2433.25; 3 Day Cycle Target: 2447.00; 10 Day Average True Range: 14.05

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 penetrates and converts 2438 to upper support, THEN upside targets 2445 – 47 zone, with higher levels 2450 – 53 zone.

Scenario 2: IF price violates and converts 2428 to lower resistance, THEN downside targets 2417 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 6.23.17

Markets
 
Today will be one of the biggest and busiest trading days in the U.S. equity market as investment managers adjust their portfolios to the rebalancing of Russell indexes. Why is it so important? Indexes rule the world because passive investing rules the world, and these indexes determine what go into many mutual funds and many ETFs. There’s about $8.5T in assets benchmarked to or invested in products based on Russell U.S. indexes.
 
In Asia, Japan +0.1%. Hong Kong flat. China +0.3%. India -0.5%.
In Europe, at midday, London -0.5%. Paris -0.6%. Frankfurt -0.7%.
Futures at 6:20, Dow -0.2%. S&P flat. Nasdaq -0.2%. Crude +0.2% to $42.81. Gold +0.7% to $1257.80.
Ten-year Treasury Yield flat at 2.16%
 
(Source: Seeking Alpha)

Economic Calendar 

9:45 PMI Composite Flash
10:00 New Home Sales
11:15 Fed’s Bullard: U.S. Monetary and Economic Policy
12:40 Fed’s Mester speech
1:00 PM Baker-Hughes Rig Count
2:15 PM Fed’s Powell speech

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.19 – 6.23

Today is Cycle Day 3 (CD3)…Same parameters as outlined in prior DTS Briefing 6.22.17. Key price edges remain 2438 – 2428. Range High = 2445 Range Low = 2421.

Range Projections and Key Levels

HOD  ATR Range Projection: 2445.00; LOD ATR Range Projection: 2421.00; Cycle Day 1 Low: 2428.00; 3 Day Central Pivot: 2435.75; 3 Day Cycle Target: 2447.00; 10 Day Average True Range: 16.00

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 penetrates and converts 2438 to upper support, THEN upside targets 2445 handle.

Scenario 2: IF price violates and converts 2428 to lower resistance, THEN downside targets 2417 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 6.22.17

Markets
 
In Asia, Japan -0.1%. Hong Kong -0.1%. China -0.3%. India flat.
In Europe, at midday, London -0.4%. Paris -0.3%. Frankfurt flat.
Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude +0.7% to $42.83. Gold +0.5% to $1251.70.
Ten-year Treasury Yield flat at 2.15%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Initial Jobless Claims
9:00 FHFA House Price Index
9:45 Bloomberg Consumer Comfort Index
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.19 – 6.23

Prior session unfolded just as was outlined in prior DTS Briefing 6.21.17…as price found resistance at 2438 and support 2428. In overnight trade price action remains relatively quiet within these price boundaries.

Today is Cycle Day 2 (CD2)…Same tactical trade strategy as prior session…Bulls must convert 2438 to upper support, while bears need to convert 2428 to lower resistance.

Range Projections and Key Levels

HOD  ATR Range Projection: 2444.25; LOD ATR Range Projection: 2418.25; Cycle Day 1 Low: 2428.00; 3 Day Central Pivot: 2439.25; 3 Day Cycle Target: 2447.00; 10 Day Average True Range: 16.27

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 penetrates and converts 2438 to upper support, THEN upside targets 2445 handle.

Scenario 2: IF price violates and converts 2428 to lower resistance, THEN downside targets 2417 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 6.21.17

Markets
 
Crude fell into a bear market on Tuesday, sinking another 2.2% to settle at a nine-month low of $43.23/bbl. The big fear gripping the energy industry is that the world continues to have too much oil, despite a deal between OPEC and Russia to pump less. Game of chicken? The supply glut could be deepened by U.S. shale producers that have ramped up output in recent months.
 
In Asia, Japan -0.5%. Hong Kong -0.6%. China +0.5%. India flat.
In Europe, at midday, London -0.4%. Paris -0.8%. Frankfurt -0.5%.
Futures at 6:20, Dow flat. S&P -0.2%. Nasdaq -0.3%. Crude flat at $43.50. Gold +0.4% to $1248.
Ten-year Treasury Yield flat at 2.15%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
10:00 Existing Home Sales
10:30 EIA Petroleum Inventories

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.19 – 6.23

Markets failed to expand beyond Monday’s high and as such declined to reach lower range parameter in both ES & NQ. Overnight trade prices have extend further to their respective violation levels from which a bounce has carried back into prior session range.

Today is Cycle Day 1 (CD1)…Normal is for a decline, which appears to have begun in prior session reaching lower violation levels. Price may retest the overnight violation lows for surety during cash session. 10 Day Average True Range has expanded out to 16.17.

Range Projections and Key Levels

HOD  ATR Range Projection: 2445.00; LOD ATR Range Projection: 2421.00; Cycle Day 1 Low: 2420.25; 3 Day Central Pivot: 2438.25; 3 Day Cycle Target: 2447.00; 10 Day Average True Range: 16.17

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 reached CD1 Violation Level (2429) and has bounced back to PL (2434.00)…Bulls will need to absorb any additional selling on retest of this low and convert 2438 to upper support.

Scenario 2: Bears once again have an opening to press for lower levels which target 2421 handle. Deep range extreme measures 2417 – 2414 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 6.20.17

Markets
 
In Asia, Japan +0.8%. Hong Kong -0.3%. China -0.1%. India flat.
In Europe, at midday, London +0.1%. Paris +0.3%. Frankfurt +0.3%.
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.2%. Crude -1.7% to $43.66. Gold +0.1% to $1247.30.
Ten-year Treasury Yield flat at 2.18%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Current Account
8:55 Redbook Chain Store Sales
3:00 PM Fed’s Kaplan: Monetary Policy

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.19 – 6.23

Markets continued their cycle rally reaching 2446.60 3 Day Cycle Target. Overnight trade action is quiet, holding above 2445 micro-support.

Today is Cycle Day 3 (CD3)…Momentum may take price higher should PH (2451.50) be converted to upper support. Upside expansion levels measure 2457 – 60 zone with Cycle Range High 2469.50.

Range Projections and Key Levels

HOD  ATR Range Projection: 2462.88; LOD ATR Range Projection: 2435.63; Cycle Day 1 Low: 2420.25; 3 Day Central Pivot: 2434.00; 3 Day Cycle Target: 2456.00; 10 Day Average True Range: 15.38

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 (2451.50), THEN upside penetration levels measure 2457 – 2459.75.   

Scenario 2: IF price violates and converts 2445.00 to resistance, THEN initial SOW targets a pullback to 2437.00 – 2435 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 6.19.17

Markets
 
In Asia, Japan +0.6%. Hong Kong +1.2%. China +0.7%. India +0.8%.
In Europe, at midday, London +0.6%. Paris +0.9%. Frankfurt +0.8%.
Futures at 6:20, Dow +0.3%. S&P +0.3%. Nasdaq +0.6%. Crude +0.2% to $45.08. Gold -0.3% to $1252.90.
Ten-year Treasury Yield flat at 2.15%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 PM Fed’s Evans: Monetary Policy

PTG Trading

Weekly Review and Preview can be viewed @ PTG Preview 6.19 – 6.23

Today is Cycle Day 2 (CD2)…The rally which began in prior session is about half complete, so bulls will need a follow-through session to reach 2446.50 minimum 3 Day Cycle Target. Current range is defined between 2416 – 2443. Average True Range = 13.77.

Range Projections and Key Levels

HOD  ATR Range Projection: 2446.50; LOD ATR Range Projection: 2426.50; Cycle Day 1 Low: 2420.25; 3 Day Central Pivot: 2430.75; 3 Day Cycle Target: 2456.00; 10 Day Average True Range: 13.77

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

Click Here

Today’s Hypotheses: September 2017 (U) 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 to clear and convert 2343 for a continuation rally and expand the range. IF successful, THEN upside targets 2450 – 2456.   

Scenario 2: Bears need to reassert pressure below 2328 handle. IF successful THEN downside  targets 2423, followed by 2418.

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