Trade Strategy 7.31.17

Markets
 
In Asia, Japan -0.2%. Hong Kong +1.3%. China +0.6%. India +0.6%
In Europe, at midday, London +0.3%. Paris flat. Frankfurt +0.2%
Futures at 6:20, Dow +0.2%. S&P +0.1%. Nasdaq +0.2%. Crude -0.1% to $49.64. Gold -0.1% to $1273.50. 
Ten-year Treasury Yield flat at 2.28%
 
(Source: Seeking Alpha)

Economic Calendar 

9:45 Chicago PMI
10:00 Pending Home Sales
10:30 Dallas Fed Manufacturing Survey
3:00 Farm Prices

PTG Trading

S&P e-mini (ES) has recovered 75% of last week’s sell-off…Bears continue to be frustrated as bulls buy every dip. Markets are entering into the slowest time of the year as August is a big vacation period for many money managers and traders.

Today is Cycle Day 2 (CD2)…There is plenty of room to continue the rally off the 2161.50 CD1 Low. Cycle Targets project between 2479.85 – 2483.50. Break and conversion below 2466 – 64 zone may squelch the current rally.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2476.88; LOD ATR Range Projection: 2464.13; Cycle Day 1 Low: 2461.50; 3 Day Central Pivot: 2471.00; 3 Day Cycle Target: 2483.50; 10 Day Average True Range: 10.63

**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 (2472.00) to upper support, THEN initial objective is 2476 handle, followed by 2479.

Scenario 2:  IF price violates and converts ONL (2466.25) to lower resistance, THEN this would be a SOW with lower targets measuring between 2464 – 2462 handles.

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 7.28.17

Markets
 
One of the most important economic releases for July will be published this morning. Investors will be watching the preliminary estimate of second quarter GDP, which will indicate how well the economy bounced back from a lackluster 1.4% revised growth rate in Q1. 
 
In Asia, Japan -0.6%. Hong Kong -0.6%. China +0.1%. India -0.2%
In Europe, at midday, London -0.8%. Paris -1.3%. Frankfurt -0.7%
Futures at 6:20, Dow -0.2%. S&P -0.4%. Nasdaq -0.9%. Crude +0.1% to $49.11. Gold +0.4% to $1264.50. 
Ten-year Treasury Yield +2 bps to 2.33%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 GDP Q2
8:30 Employment Cost Index
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count

PTG Trading

Failure to push above 2479 “key resistance” with subsequent break of 2474 as outlined in prior DTS Briefing 7.27.17 opened the door for a rare sharp mid-day selloff which reached 2461 cycle range target.

Today is Cycle Day 1 (CD1)…Average Decline which normally would be expected on CD1 occurred in prior CD3 session. This creates a scenario of testing 2461.50 low for surety. Failure to find a secure low at this level opens door for further decline targeting 2449.50.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2472.73; LOD ATR Range Projection: 2460.22; Cycle Day 1 Low: 2466.25; 3 Day Central Pivot: 2473.00; 3 Day Cycle Target: 2479.85; 10 Day Average True Range: 11.23

**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 will need to clear and convert 2468 handle to have potential of a secure low at 2161.50. If converted to upper support, THEN upside retracement targets 2474.

Scenario 2:  Failure to convert 2468 with subsequent violation and conversion of PL (2461.50) to lower resistance, opens trap door for bears to push for 2449.50 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 7.27.17

Markets
 
It’s the busiest day of earnings season in the U.S., with several dozen companies reporting their latest quarterly results before and after the bell. Investors will get figures from the likes of ConocoPhillips (NYSE:COP), Verizon (NYSE:VZ), Twitter (NYSE:TWTR) and Procter & Gamble (NYSE:PG), as well as Intel (NASDAQ:INTC), Starbucks (NASDAQ:SBUX) and Amazon (NASDAQ:AMZN). U.S. markets are called higher, according to future values, following yesterday’s record closing highs.
 
In Asia, Japan +0.2%. Hong Kong +0.7%. China +0.1%. India flat. 
In Europe, at midday, London -0.1%. Paris +0.1%. Frankfurt -0.5%
Futures at 6:20, Dow +0.1%. S&P +0.2%. Nasdaq +0.6%. Crude +0.1% to $48.81. Gold +1% to $1262.20. 
Ten-year Treasury Yield +1 bps to 2.3%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Durable Goods
8:30 International trade in goods
8:30 Initial Jobless Claims
8:30 Chicago Fed National Activity Index
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
11:00 Kansas City Fed Mfg Survey
1:00 PM Results of $28B, 7-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Fleetwood Mac’s song entitled: “You Can Go You Own Way” comes to mind when comparing the trade action between S&P (ES) and NAZ (NQ)…With ES barely registering a pulse, while NQ is on it’s 15th day of rallying higher each session, totally out of sync with each other.

Today is Cycle Day 3 (CD3)…NQ has reached and exceeded it’s cycle penetration targets; ES still has room to play catch-up with a conversion of 2479 handle. Upside objective remains 2484. 10-day ATR registering a meager 9.68 handles while the VIX hit a record all-time low of 8.84. 

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2484.00; LOD ATR Range Projection: 2470.32; Cycle Day 1 Low: 2466.25; 3 Day Central Pivot: 2472.00; 3 Day Cycle Target: 2484.00; 10 Day Average True Range: 9.68

**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 2479 to upper support, THEN upside objective measures 2484 3 Day Cycle Target, followed by 2490 – 92 zone.

Scenario 2:  IF price violates 2474, THEN downside measures 2470, followed by 2468 – 66 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 7.26.17

Markets
 
While the Fed is expected to keep its benchmark interest rate unchanged today, investors will be keeping a close eye on the central bank’s statement. The focus will center around updated language on inflation and the timing of a long-awaited balance sheet reduction (a plan likely to be detailed in September). The latest policy decision will come at 2 p.m. ET. 
 
In Asia, Japan +0.5%. Hong Kong +0.3%. China +0.1%. India +0.5%
In Europe, at midday, London +0.4%. Paris +0.7%. Frankfurt +0.3%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +0.7% to $48.22. Gold -0.4% to $1246.80. 
Ten-year Treasury Yield flat at 2.32%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
10:00 New Home Sales
10:30 EIA Petroleum Inventories
11:30 Results of $15B, 2-Year FRN Auction
1:00 PM Results of $34B, 5-Year Note Auction
2:00 PM FOMC Announcement

PTG Trading

Markets are quiet and firm in overnight trade ahead of today’s FED decision on interest rates. Uptrend remains solidly entrenched with no signs of weakness as dip or is it “drip” buyers step in at every price blip.

Today is Cycle Day 2 (CD2)…There remains plenty of room and opportunity to reach 2484.00 3 Day Cycle Target if 2479 high is cleared and converted. It would take a conversion of 2462 to suggest a change in trend conditions.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2483.00; LOD ATR Range Projection: 2466.75; Cycle Day 1 Low: 2466.25; 3 Day Central Pivot: 2470.00; 3 Day Cycle Target: 2484.00; 10 Day Average True Range: 11.00

**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 clears and converts 2479 to upper support, THEN upside expansion targets 2484, followed by 2486.50.

Scenario 2:  IF price violates and converts 2472 to lower resistance, THEN downside targets 2466, followed by 2463.

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 7.25.17

Markets
 
In Asia, Japan -0.10%. Hong Kong +0.02%. China -0.21%. India -0.05%
In Europe, at midday, London +0.92%. Paris +0.86%. Frankfurt +0.87%
Futures at 6:20, Dow +0.15%. S&P +0.15%. Nasdaq +0.05%. Crude +1.3%to $46.96. Gold -0.20% to $1,251.80. 
Ten-year Treasury Yield +2 bps to 2.27%
 
(Source: Seeking Alpha)

Economic Calendar 

FOMC meeting begins

8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
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
1:00 PM Results of $26B, 2-Year Note Auction

PTG Trading

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2457.50. Price compression past few sessions is expected to expand with resolution to upside which targets 2478, followed by 2481.50 – 2484 zone. Downside break would occur on a conversion of 2464 – 62 zone.

Nazzie (NQ) continues to be where all the trading action is as a plethora of high profile earnings releases continue. Price pushed higher to new highs (5954.75) before pulling back after RTH. Support is marked between 5912 – 5924 zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2478.00; LOD ATR Range Projection: 2461.00; Cycle Day 1 Low: 2465.50; 3 Day Central Pivot: 2469.25; 3 Day Cycle Target: 2484.00; 10 Day Average True Range: 11.75

**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 2474, THEN upside is open to expand targeting 2478, followed by 2481.50 – 2484 zone.

Scenario 2:  IF price violates and converts 2466 to lower resistance, THEN initial downside measures 2462. Below this level opens downside targeting 2457.50, followed by 2454.

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 7.24.17

Markets
 
In Asia, Japan -0.6%. Hong Kong +0.5%. China +0.4%. India +0.5%
In Europe, at midday, London -1%. Paris -0.1%. Frankfurt -0.3%
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +0.9% to $46.20. Gold +0.2% to $1,257.10. 
Ten-year Treasury Yield unchanged at 2.23%
 
(Source: Seeking Alpha)

Economic Calendar 

9:45 PMI Composite Flash
10:00 Existing Home Sales

PTG Trading

Today is Cycle Day 3 (CD3)…S&P e-mini (ES) uptrend remains intact as long as 3 Day Central Pivot Zone, currently 2468.25 – 2470.25, continues to stair-step higher. Upside 3 Day Cycle Target (2484) is reachable, though crack in pavement would be a close below 2458 handle.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2475.63; LOD ATR Range Projection: 2458.38; Cycle Day 1 Low: 2465.50; 3 Day Central Pivot: 2469.25; 3 Day Cycle Target: 2484.00; 10 Day Average True Range: 12.13

**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 ONH (2470.50), THEN initial objective is retest of 2476.25 (ATH). Penetration and conversion of this level opens skylight to reach 2484 cycle target.

Scenario 2:  IF price violates and converts PL (2462.25) THEN trap doors opens to test 2458 ATR Range Low. Violation and conversion of this level would be SOW suggesting deeper corrective decline targeting 2454 – 50 zone with 2448.50 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 7.21.17

Markets
 
In Asia, Japan -0.2%. Hong Kong -0.1%. China -0.2%. India +0.4%
In Europe, at midday, London flat. Paris -0.7%. Frankfurt -0.8%
Futures at 6:20, Dow -0.2%. S&P -0.1%. Nasdaq -0.2%. Crude -0.5% to $46.71. Gold +0.1% to $1247.10. 
Ten-year Treasury Yield -3 bps to 2.24%
 
(Source: Seeking Alpha)

Economic Calendar 

Baker-Hughes Rig Count

PTG Trading

Today is Cycle Day 2 (CD2)…Options Expiration today may provide a catalyst to move prices but don’t count on it. Persistent low volumes, volatility and 10 day average true range of only 12.95 handles marks mid-summer trade action, or lack there-of. Advice? Go out and enjoy the summer with family and friends. 

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2482.20; LOD ATR Range Projection: 2462.30; Cycle Day 1 Low: 2465.50; 3 Day Central Pivot: 2465.00; 3 Day Cycle Target: 2484.00; 10 Day Average True Range: 12.95

**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 (2476.25) to upper support, THEN upside expansion targets 2482.25 – 2482 Cycle Range High.

Scenario 2:  IF price violates and converts 2465 (3D CPZ) to lower resistance, THEN downside opens to 2460 – 2458 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 7.20.17

Markets
 
In Asia, Japan +0.6%. Hong Kong +0.3%. China +0.4%. India -0.2%
In Europe, at midday, London +0.7%. Paris +0.3%. Frankfurt +0.4%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq flat. Crude flat at $47.34. Gold -0.5% to $1236.40. 
Ten-year Treasury Yield flat at 2.27%
 
(Source: Seeking Alpha)

Economic Calendar 

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

PTG Trading

Breakout from bullish consolidation pattern fulfilled upside cycle targets outlined in prior DTS Briefing 7.19.17.Scenario 1:  IF price clears and converts 2461 to upper support, THEN upside targets 2468.50 followed by 2472 – 74 zone come into play.” Current high of session = 2474.

Today begins new Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2459 handle. Recent Cycles have been very strong; As such, declines may be relatively shallow. Options Expiration will most likely influence price action through tomorrow.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2472.25; LOD ATR Range Projection: 2459.60; Cycle Day 1 Low: 2454.00; 3 Day Central Pivot: 2460.50; 3 Day Cycle Target: 2487.50; 10 Day Average True Range: 14.40

**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 (2472), THEN expansion targets measure between 2478 – 80 zone.

Scenario 2:  IF price violates and converts PC (2471.25) to lower resistance, THEN downside targets 2466 – 64 zone, followed by 2459.

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 7.19.17

Markets
 
Despite some of the slowest trading of the year over the past few sessions, U.S. stock indexes continue to notch record highs, with the summer sun heating up markets. Futures now look poised to continue their bullish run amid a quiet day of economic releases, while investors turn their attention to another slew of corporate earnings. Banking heavyweight Morgan Stanley (NYSE:MS) is among the companies slated to post results before the open.
 
In Asia, Japan +0.1%. Hong Kong +1.4%. China +1.4%. India +0.8%
In Europe, at midday, London +0.1%. Paris +0.1%. Frankfurt flat. 
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.2%. Crude +0.4% to $46.79. Gold -0.2% to $1239.20. 
Ten-year Treasury Yield +1 bps to 2.27%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
8:30 Housing Starts
10:30 EIA Petroleum Inventories

PTG Trading

Another relatively quiet session for the S&P e-mini (ES) as bulls continue to hold firm absorbing any and all attempts by bears to push price lower. With price sitting at all -time highs further upside is more likely with 2448 as pivot support.

Today is Cycle Day 3 (CD3)…Upside cycle targets between 2468 – 2474 remain open with a conversion of 2461 to new upper support. Violation and conversion below 2448 would be a pavement crack to bullish case.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2472.15; LOD ATR Range Projection: 2446.60; Cycle Day 1 Low: 2454.00; 3 Day Central Pivot: 2456.00; 3 Day Cycle Target: 2473.00; 10 Day Average True Range: 14.40

**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 2461 to upper support, THEN upside targets 2468.50 followed by 2472 – 74 zone come into play.

Scenario 2:  IF price violates and converts 2448 to lower resistance, THEN downside targets 2442 followed by 2438 – 36 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 7.18.17

Markets
 
In Asia, Japan -0.6%. Hong Kong +0.2%. China +0.3%. India -1.1%
In Europe, at midday, London -0.1%. Paris -0.6%. Frankfurt -0.8%
Futures at 6:20, Dow +0.1%. S&P flat. Nasdaq flat. Crude +0.8% to $46.38. Gold +0.3% to $1237.20. 
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Import/Export Prices
8:55 Redbook Chain Store Sales
10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital

PTG Trading

Prior session’s range was 6.5 handles…sub-par volume…non-existent volatility. Welcome to mid-summertime trade as price hovers at all-time highs. Second quarter earning reports are now flowing daily as money managers parse through the data rather than actively trade.

Today is Cycle Day 2 (CD2)…Price is in solid uptrend condition with current cycle targets yet untouched. Conversion above 2460 handle opens door for higher levels, while conversion below 2452 would suggest a deeper pullback.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

 Range Projections and Key Levels

HOD  ATR Range Projection: 2468.27; LOD ATR Range Projection: 2446.48; Cycle Day 1 Low: 2454.00; 3 Day Central Pivot: 2452.00; 3 Day Cycle Target: 2473.00; 10 Day Average True Range: 14.02

**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 2460 to upper support, THEN upper targets measure 2467 – 69 zone with 3D Cycle Target 2473.00.

Scenario 2:  IF price violates and converts 2452 3 Day Central Pivot to lower resistance, THEN downside measures 2446 – 2444 violation 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