Trader Strategy 9.29.17

Markets
 
In Asia, Japan flat. Hong Kong +0.5%. China +0.3%. India flat. 
In Europe, at midday, London +0.7%. Paris +0.2%. Frankfurt +0.4%
Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.1%. Crude +0.2% to $51.68. Gold +0.2% to $1290.70. 
Ten-year Treasury Yield flat at 2.31%
 
(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

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2494 handle, which has been recent support. With price at all-time high, bulls continue to have command control of price action, as any dip gets absorbed. 

Anticipated support @ 2500 outlined in prior DTS Briefing 9.28.17 held solid yesterday, so it would take a violation and conversion of this level to so any crack in bullish scenario. 

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2515.27; LOD ATR Range Projection: 2497.98; Cycle Day 1 Low: 2496.50; 3 Day Central Pivot: 2501.00; 3 Day Cycle Target: 2523.71; 10 Day Average True Range: 9.77; VIX: 9.60

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 (2508.25), THEN expansion targets 2513 – 15 zone.

Scenario 2:  IF price violates and converts 2500 to lower resistance, THEN deeper downside correction may unfold targeting 2494 – 92 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 9.28.17

Markets
 
In Asia, Japan +0.5%. Hong Kong -0.8%. China -0.2%. India +0.4%
In Europe, at midday, London -0.2%. Paris +0.1%. Frankfurt +0.3%
Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude +1.1% to $52.72. Gold -0.1% to $1287.10. 
Ten-year Treasury Yield +3 bps to 2.34%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 GDP Q2
8:30 International trade in goods
8:30 Initial Jobless Claims
8:30 Corporate profits
9:45 Fed’s George: Monetary Policy and Economic Outlook
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
3:00 PM Farm Prices
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Today is Cycle Day 3 (CD3)…Markets rallied to reach and exceed upside cycle targets as well as notch new all-time high for S&P 500. having reached upside objectives there may be a period of back n fill consolidation today to absorb prior session’s gains.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2511.18; LOD ATR Range Projection: 2495.82; Cycle Day 1 Low: 2496.50; 3 Day Central Pivot: 2498.00; 3 Day Cycle Target: 2510.63; 10 Day Average True Range: 9.68; VIX: 9.74

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 (2505.50), THEN upside objective measures 2510 3 Day Cycle target

Scenario 2:  IF price violates and converts 2500 roundie to lower resistance, THEN deeper corrective pullback may unfold targeting 2495 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 9.27.17

Markets
 
In Asia, Japan -0.3%. Hong Kong +0.5%. China +0.1%. India -1.4%
In Europe, at midday, London +0.3%. Paris +0.2%. Frankfurt +0.5%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.2%. Crude -0.1% to $51.84. Gold -0.7% to $1292.80. 
Ten-year Treasury Yield +6 bps to 2.29%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
8:30 Durable 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 $34B, 5-Year Note Auction
1:30 PM Fed’s Bullard: U.S. Monetary and Economic Policy
7:00 PM Fed’s Rosengren speech

PTG Trading

Today is Cycle Day 2 (CD2)…S&P e-mini (ES) failed to hold bull gap and reversed down successfully testing support at 2492.00 outlined in prior DTS Briefing 9.26.17. Midday rally settled price at mid-neutral zone of session.

Bulls continue to have the advantage as Sector Rotation within the S&P 500 Index continues to keep a bid on any dip in price. Upper and lower price targets remain unchanged. 

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2502.93; LOD ATR Range Projection: 2492.57; Cycle Day 1 Low: 2496.50; 3 Day Central Pivot: 2496.50; 3 Day Cycle Target: 2510.63; 10 Day Average True Range: 8.68; VIX: 9.91

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 bulls can convert 2498 – 2500 zone to upper support, THEN upside initially measures 2505, followed by 2507.50

Scenario 2:  IF bears can convert 2492 to lower resistance, THEN test of 2485 low becomes the objective.

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 9.26.17

Markets
 
In Asia, Japan -0.3%. Hong Kong +0.1%. China +0.1%. India -0.1%
In Europe, at midday, London flat. Paris flat. Frankfurt +0.2%
Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.2%. Crude -0.4% to $52.02. Gold -0.5% to $1305.50. 
Ten-year Treasury Yield flat at 2.22%
 
(Source: Seeking Alpha)

Economic Calendar 

8:55 Redbook Chain Store Sales
9:00 S&P Corelogic Case-Shiller Home Price Index
9:30 Fed’s Mester Speech
10:00 New Home Sales
10:00 Consumer Confidence
10:00 Richmond Fed Mfg.
10:00 State Street Investor Confidence Index
10:30 Fed’s Reserve Gov. Lael Brainard speech
12:30 PM Fed’s Bostic Speech
12:45 PM Janet Yellen speech
1:00 PM Results of $26B, 2-Year Note Auction

PTG Trading

Indexes retreated in prior session as overseas tensions and Tech Sector sell-down pressured prices to support levels before recovering into settlement.

Today is Cycle Day 1 (CD1)…Normal is for decline with average measuring 2485.75. Prior session’s low was 2485, as such it’s possible that becomes secure low. Today’s action may resolve this possibility. Bulls need to convert 3 Day Central Pivot (2498.25) to support otherwise sellers may become more aggressive.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2501.43; LOD ATR Range Projection: 2489.57; Cycle Day 1 Low: 2496.50; 3 Day Central Pivot: 2498.25; 3 Day Cycle Target: 2510.63; 10 Day Average True Range: 8.68; VIX: 10.39

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 bulls can convert 2498 – 2500 zone to upper support, THEN upside initially measures 2505, followed by 2507.50.

Scenario 2:  IF bears can convert 2492 to lower resistance, THEN test of 2485 low becomes the objective.

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 9.25.17

Markets
 
In Asia, Japan +0.5%. Hong Kong -1.4%. China -0.4%. India -0.9%
In Europe, at midday, London -0.2%. Paris -0.3%. Frankfurt +0.2%
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude flat at $50.63. Gold +0.1% to $1298.30. 
Ten-year Treasury Yield -2 bps to 2.23%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Chicago Fed National Activity Index
10:30 Dallas Fed Manufacturing Survey
12:40 Fed’s Evans: Monetary Policy

PTG Trading

Good Monday Morning Traders! We open the week in S&P (ES) pretty much where it ended…Low Volatility…Low Range…Nasdaq Futures has seen better price action and where traders are focusing their efforts. In the PTG Trading Room we managed to conservatively extract +442 tics (NQ) with manageable risk profile last week.

Today is Cycle Day 3 (CD3)…There still remains upside potential in ES should the Bulls begin to charge, targeting 2512 – 15 zone. They need to convert 2506 to solid upper support first. Violation and conversion of all-important 2492 – 94 zone gives Bears an opening targeting 2488 – 86 zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2504.93; LOD ATR Range Projection: 2494.57; Cycle Day 1 Low: 2496.50; 3 Day Central Pivot: 2500.25; 3 Day Cycle Target: 2515.50; 10 Day Average True Range: 9.93; VIX: 9.99

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 2506, THEN upside potential measures 2512 – 2515 zone.

Scenario 2:  IF price violates and converts 2492, THEN downside potential measures 2488 – 86 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 9.22.17

Markets
 
In Asia, Japan -0.25%. Hong Kong -0.82%. China -0.16%. India -1.38%
In Europe, at midday, London +0.19%. Paris +0.42%. Frankfurt +0.13%
Futures at 6:20, Dow -0.11%. S&P -0.14%. Nasdaq -0.22%. Crude -0.02% to $50.54. Gold +0.40% to $1,300. 
Ten-year Treasury Yield -3 bps 2.248%
 
(Source: Seeking Alpha)

Economic Calendar 

6:00 Fed’s Williams Speech
9:45 PMI Composite Flash
10:00 Atlanta Fed’s Business Inflation Expectations
1:00 PM Baker-Hughes Rig Count

PTG Trading

It’s been a challenge for S&P e-mini (ES) futures traders this week to find a pulse from the comatose patient. Failure to make hew highs has price drifting aimlessly albeit with a downward lean. Currently with price below 3 Day Central Pivot (2502.25) bears may finally have a slight edge if bulls cannot push back above 2503 – 06 zone.

Today is Cycle Day 2 (CD2)…Price has traded down to key support zone (2492 – 94) and has received a modest buy response pushing price back to 2498. Bulls will need to hold this zone during RTH, otherwise bears will aggressively push for lower levels. With North Korea as a continuous “wildcard” traders may decide to stand aside into the weekend.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2502.13; LOD ATR Range Projection: 2490.88; Cycle Day 1 Low: 2496.50; 3 Day Central Pivot: 2502.25; 3 Day Cycle Target: 2515.50; 10 Day Average True Range: 10.13; VIX: 9.79

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 hold 2492 – 94 zone and push back above 2503 – 06 zone. IF successful, THEN upside projection measures 2514 – 15 zone.

Scenario 2:  Bears have a slight edge with trade below 2492 – 94 zone targeting 2488 – 84 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 9.21.17

Markets
 
The FOMC held the Fed Funds rate steady but still expects to hike one more time between now and year-end. The central bank will also begin to trim back its balance sheet next month with a $10B reduction. Longer term is a somewhat more dovish message, with the “dots” showing a 20 basis point cut in the expected final resting place of the Fed Funds rate.
 
In Asia, Japan +0.18%. Hong Kong -0.06%. China -0.24%. India flat. 
In Europe, at midday, London +0.07%. Paris +0.56%. Frankfurt +0.23%
Futures at 6:20, Dow -0.06%. S&P -0.08%. Nasdaq -0.11%. Crude -0.55%to $50.41. Gold -1.26% to $1,299.80. 
Ten-year Treasury Yield -7bps to 2.269%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
9:00 FHFA House Price Index
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

Today is Cycle Day 1 (CD1)…Price failed to expand higher and subsequently pushed lower testing 2494 key support following Fed release before rebounding settling neutral.

Average decline on CD1 measure 2491.25, which is within key support zone (2492 – 94). Violation of this zone opens door to deeper downside targeting 2490…2484.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2511.63; LOD ATR Range Projection: 2496.13; Cycle Day 1 Low: 2497.75; 3 Day Central Pivot: 2502.50; 3 Day Cycle Target: 2517.00; 10 Day Average True Range: 10.13; VIX: 9.65

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 convert 2406 to upper support to increase odds of expansion higher, targeting 2512…2517.

Scenario 2:  Bears must convert 2500 to lower resistance at minimum in order to push to retest 2494 “fed-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 9.20.17

Markets
 
A rate hike is very unlikely at today’s Fed policy meeting, but investors will be looking for hints of a move that could come later this year and the path for further rises in 2018. Janet Yellen will also hold a news conference after the FOMC announces its decision and is likely to reveal details on how the central bank will wind down its $4.5T balance sheet.
 
In Asia, Japan +0.1%. Hong Kong +0.3%. China +0.3%. India flat. 
In Europe, at midday, London flat. Paris +0.1%. Frankfurt -0.1%
Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude +1.1% to $50.45. Gold +0.6% to $1318.50. 
Ten-year Treasury Yield -2 bps to 2.22%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
10:00 Existing Home Sales
10:30 EIA Petroleum Inventories
2:00 PM FOMC Announcement
2:00 PM FOMC Forecast
2:00 PM Chairman Press Conference

PTG Trading

Today is Cycle Day 3 (CD3)…Ascending Triangle Pattern (60 min )suggests upside resolution to the recent quiet consolidation. Buyers have been somewhat reluctant to be aggressive, while sellers have been missing in action. This low range and low volatility creates disincentives for traders. Targets remain unchanged in the strategy scenarios below.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2512.20; LOD ATR Range Projection: 2495.80; Cycle Day 1 Low: 2497.75; 3 Day Central Pivot: 2500.50; 3 Day Cycle Target: 2517.00; 10 Day Average True Range: 9.85; VIX: 9.99

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 (2506), THEN initial upside measures 2510, followed by 2513 – 15 zone.

Scenario 2:  Violation and conversion of CD1 Low (2497.75) targets 2494 – 92 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 9.19.17

Markets
 
The Federal Reserve’s two-day meeting is set to kick off, with officials expected to take further steps to normalize policy and unwind the bank’s $4.5T balance sheet. The yield on U.S. 10-year paper hit a month-high as investors awaited the Fed, but the rise was on thin volume, and is now back at the flat-line at 2.22%.
 
In Asia, Japan +2%. Hong Kong -0.4%. China -0.2%. India -0.1%
In Europe, at midday, London +0.3%. Paris +0.1%. Frankfurt -0.1%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +0.8% to $50.77. Gold +0.1% to $1311.30. 
Ten-year Treasury Yield flat at 2.22%
 
(Source: Seeking Alpha)

Economic Calendar 

FOMC meeting begins
8:30 Housing Starts
8:30 Current Account
8:30 Import/Export Prices
8:55 Redbook Chain Store Sales

PTG Trading

Today is Cycle Day 2 (CD2)…Below average decline on (CD1) sets up a potential “springboard effect” to push price higher above 2506 prior high. Upside targets are open till 2513 – 15 zone. It would take at minimum a violation and conversion of 2492 – 92 zone to dent this bull run.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2513.05; LOD ATR Range Projection: 2493.45; Cycle Day 1 Low: 2497.75; 3 Day Central Pivot: 2496.75; 3 Day Cycle Target: 2517.00; 10 Day Average True Range: 12.05; VIX: 9.95

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 (2506), THEN initial upside measures 2510, followed by 2513 – 15 zone.

Scenario 2:  Violation and conversion of CD1 Low (2497.75) targets 2494 – 92 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 9.18.17

Markets
 
In Asia, Japan +0.5%. Hong Kong +1.3%. China +0.3%. India +0.5%
In Europe, at midday, London +0.5%. Paris +0.4%. Frankfurt +0.3%
Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.2%. Crude +0.9% to $50.32. Gold -0.5% to $1318.70. 
Ten-year Treasury Yield flat at 2.2% 
 
(Source: Seeking Alpha)

Economic Calendar 

10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital

PTG Trading

S&P e-mini continued its cycle rally to achieve projected targets outlined in prior DTS Briefing 9.15.17Scenario 1:  IF price clears and converts 2494 handle, THEN upside expansion targets 2502 – 2505.00 zone.”

Today begins a new Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2481.75. Residual bullish price momentum may push price higher before the decline begins.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2510.73; LOD ATR Range Projection: 2492.87; Cycle Day 1 Low: 2489.00; 3 Day Central Pivot: 2493.75; 3 Day Cycle Target: 2508.33; 10 Day Average True Range: 12.23; VIX: 10.28

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

Click Here

Today’s Hypotheses: December 2017 (Z) 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 (2500.00), THEN upside expansion targets 2507.50, followed by 2510.75.

Scenario 2:  IF price violates and converts 2493 – 95 zone, THEN downside is open to explore 2488 – 90 zone for renewed support. Failure to find support targets CD1 Decline Target Low (2481.75).

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