Trade Strategy 1.18.18

Markets
 
In Asia, Japan -0.4%. Hong Kong +0.4%. China +0.9%. India +0.5%
In Europe, at midday, London -0.4%. Paris +0.1%. Frankfurt +0.3%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq -0.1%. Crude -0.1% to $63.91. Gold -0.6% to $1330.90. Bitcoin +4% to $11583. 
Ten-year Treasury Yield +2 bps to 2.6%
  
(Source: Seeking Alpha)

Economic Calendar

8:30 Initial Jobless Claims
8:30 Housing Starts
8:30 Philly Fed Business Outlook
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
11:00 EIA Petroleum Inventories
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
6:05 PM Fed’s Mester: Monetary Policy

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Prices rallied past 3 Day Cycle targets extending and stopping at 2809 statistical Standard Deviation extreme. Expectation for today is for some back n fill to absorb recent reversal gains. 

Scenario 1: IF price clears and converts PH (2809.50), THEN expansion targets 2816 – 2818 zone.

Scenario 2: IF price violates and converts PC (2803.50) to lower resistance, THEN pullback targeting 2798 – 2794 zone. Three-Day Central Pivot is marked at 2793.25.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2822.18; LOD ATR Range Projection: 2786.00; Cycle Day 1 Low: 2769.25 3 Day Central Pivot: 2793.25; 3 Day Cycle Target: 2797.25; 10 Day Average True Range: 21.93; VIX: 11.92

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Price exceed 3 Day Cycle target but fell slightly short of a new all-time high. Three-Day Central Pivot (6787.75) is marked as support.

Scenario 1: IF price clears and converts PH (6834.25), THEN expansion targets 6852 – 56 zone.

Scenario 2: IF price violates and converts PC (6819.50) to lower resistance, THEN initial target measures 6797.00, followed by 6787 3 Day Central Pivot.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6868.96; LOD ATR Range Projection: 6771.54; Cycle Day 1 Low: 6729.25 3 Day Central Pivot: 6787.75; 3 Day Cycle Target: 6822.29; 10 Day Average True Range: 64.71; VIX: 11.92

Click Here

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 1.17.18

Markets
 
In Asia, Japan -0.4%. Hong Kong +0.3%. China +0.2%. India +0.9%
In Europe, at midday, London -0.2%. Paris -0.1%. Frankfurt -0.3%
Futures at 6:20, Dow +0.5%. S&P +0.4%. Nasdaq +0.4%. Crude -0.4% to $63.46. Gold flat at $1337.70. Bitcoin -12.3% to $9958. 
Ten-year Treasury Yield +2 bps to 2.56%
  
(Source: Seeking Alpha)

Economic Calendar

7:00 MBA Mortgage Applications
8:55 Redbook Chain Store Sales
9:15 Industrial Production
10:00 NAHB Housing Market Index
2:00 PM Fed’s Beige Book
4:00 PM Treasury International Capital

S&P 500 (ES)

Today is Cycle Day 2 (CD2)…Early rally reached 2808 ATR(10) level at which time price reversed and accelerated once 6798.50 was violated, as outlined in prior DTS 1.16.18 Report. Normal CD1 Decline targets were fulfilled at which time the rally began. Cycle Day 1 Low (2769.25) is marked at “key support’ should there be a test for surety. Objective target for CD2 measures 2797.70.

Scenario 1: IF price clears and converts PC (2783.00), THEN initial recovery rally objective measures 2787.75 3D CPZ, follows by 2704 – 2797 3 Day Rally target zone.

Scenario 2: IF price fails to hold PC (2883.00, THEN downside test of CD1 Low (2769.25) is more likely to unfold.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2798.75; LOD ATR Range Projection: 2773.25; Cycle Day 1 Low: 2769.25 3 Day Central Pivot: 2787.75; 3 Day Cycle Target: 2797.25; 10 Day Average True Range: 19.75; VIX: 11.34

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Normal CD1 Decline fulfilled downside objectives at which time the rally began. Bulls will need to secure 6729.25 CD1 Low on any test. Initial upside CD2 objective measures 6771.25, followed by 6787.00 – 6793.00.

Scenario 1: IF price stays above PC (6761.00), THEN initial objective measures 6771.25 3D CPZ, followed by 6787 – 6793 zone.

Scenario 2: IF price violates PC (6761.00), THEN odds favor a retest of CD1 Low (6729.25)

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6797.00; LOD ATR Range Projection: 6718.75; Cycle Day 1 Low: 6729.25 3 Day Central Pivot: 6771.25; 3 Day Cycle Target: 6822.29; 10 Day Average True Range: 60.43; VIX: 11.34

Click Here

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 1.16.18

Markets
 
In Asia, Japan +1%. Hong Kong +1.8%. China +0.8%. India -0.2%
In Europe, at midday, London -0.1%. Paris +0.2%. Frankfurt +0.9%
Futures at 6:20, Dow +1%. S&P +0.5%. Nasdaq +0.6%. Crude -0.7% to $63.88. Gold flat at $1335.40. Bitcoin -9.1% to $12343. 
Ten-year Treasury Yield -2 bps to 2.53%
  
(Source: Seeking Alpha)

Economic Calendar

8:30 Empire State Mfg Survey

S&P 500 (ES)

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2780.50. Overnight trade has price higher 2803 handle which is 75% of 10-day average true range. We will initially mark this level as tentative resistance until proven otherwise.

Scenario 1: IF price clears and converts _H (2797.50, THEN upside expansion targets 2803.50, followed by 2806.50 – 2807.50 zone.

Scenario 2: IF price violates and converts PH (2797.50) to lower resistance, THEN initial target measures 2792 handle, followed by 2787.25.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2807.42; LOD ATR Range Projection: 2788.08; Cycle Day 1 Low: 2747.75 3 Day Central Pivot: 2779.50; 3 Day Cycle Target: 2820.00; 10 Day Average True Range: 15.41; VIX: 10.51

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Price is trading higher reaching 6817.50 CD1 Penetration Level. It would take a conversion back into prior range to secure an excess high.

Scenario 1: IF price clears and converts PH (6798.50). THEN upside expansion measures 6817.50, followed by 6823..6828.50 and 6833.50 3 Day Cycle Target.

Scenario 2: IF price violates and converts PH (6798.50) to lower resistance, THEN downside targets 6773.00, followed by 6766.50.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6824.00; LOD ATR Range Projection: 6771.25; Cycle Day 1 Low: 6672.25 3 Day Central Pivot: 6746.75; 3 Day Cycle Target: 6833.50; 10 Day Average True Range: 47.97; VIX: 10.51

Click Here

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 1.15.18

Markets
 
Equity Market’s are closed today in observance of Dr. Martin Luther Ling Jr. holiday.
  
(Source: Seeking Alpha)

Economic Calendar

Econoday 2018 Economic Calendar

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Price has reached it’s extreme 3 Day Cycle Standard Deviation Target of 6797.79. Further upside may extend upwards to 2806.55 10-day Average Range. Bullish trends remain in-effect but extend on virtually all metrics.

Scenario 1: IF price converts 2793.25 to support, THEN upside measures 2797.79, followed by 2802.50 – 2806.50 zone.

Scenario 2: IF price violates and converts PC (2793.25) to lower resistance, THEN initial downside targets 2783.00, followed by 2773.00.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2806.66; LOD ATR Range Projection: 2780.59; Cycle Day 1 Low: 2747.75 3 Day Central Pivot: 2763.75; 3 Day Cycle Target: 2773.50; 10 Day Average True Range: 16.73; VIX: 10.16

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Possible High for today based upon average penetration of CD2 high = 6796.35. Price has currently achieved this target level in overnight trade, so there is potential for a reversal unfolding if there is a valid trigger formation.

Scenario 1: IF price clears and converts PH (6777.75), THEN initial upside targets 6796.35, followed by 6817.85.

Scenario 2: IF price violates and converts PH (6777.75) to lower resistance, THEN downside measures 6758, 6748, 6738 respectively.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6727.85; LOD ATR Range Projection: 6743.65; Cycle Day 1 Low: 6672.25 3 Day Central Pivot: 6706.75; 3 Day Cycle Target: 6729.50; 10 Day Average True Range: 54.85; VIX: 10.16

Click Here

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 1.12.18

Markets
 
In Asia, Japan -0.2%. Hong Kong +0.9%. China +0.1%. India +0.3%
In Europe, at midday, London +0.2%. Paris +0.3%. Frankfurt +0.2%
Futures at 6:20, Dow +0.4%. S&P +0.2%. Nasdaq +0.1%. Crude -0.6% to $63.43. Gold +0.7% to $1331.90. Bitcoin +5.5% to $14020. 
Ten-year Treasury Yield +2 bps to 2.55%
  
(Source: Seeking Alpha)

Economic Calendar

8:30 Consumer Price Index
8:30 Retail Sales
10:00 Business Inventories
12:30 PM Fed’s Harker Speech
1:00 PM Baker-Hughes Rig Count
4:30 PM Fed’s Rosengren: “Money, Models, and Digital Innovation”

S&P 500 (ES)

Today is Cycle Day 2 (CD2)…Opening gap up held form as bulls continued their stampede driving index to yet another new all-time high. Bears have essentially thrown-in the towel. Three-Day Cycle Target (2773.50) has been fulfilled, as such, any additional gains have potential expansion to 2780 – 83 zone.

Scenario 1: IF price clears and converts PH (2768.50), THEN upside penetration levels targets 2778 – 2780 zone. Average Range measures 2782.50.

Scenario 2: IF price violates and converts PH (2768.50) back to lower resistance, THEN initial downside targets 2759.50, followed by 2754.00 prior open range midpoint.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2782.64; LOD ATR Range Projection: 2760.86; Cycle Day 1 Low: 2747.75 3 Day Central Pivot: 2753.25; 3 Day Cycle Target: 2773.50; 10 Day Average True Range: 15.89; VIX: 9.75

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Naz held opening range test of prior weekly high (6671.00) and prior close (6672.75), at which time bulls took total control driving price higher to close on high of session (6717.00). Three-Day Cycle Target (6729.50) has been achieved.

Scenario 1: IF price clears and converts PH (6717.50), THEN upside penetration levels measure 6740.25 – 6754.25 zone.

Scenario 2: IF price violates and converts PH (6717.50), back to lower resistance, THEN initial downside targets 6695, followed by 6684.

 

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6769.07; LOD ATR Range Projection: 6693.18; Cycle Day 1 Low: 6672.25 3 Day Central Pivot: 6684.75; 3 Day Cycle Target: 6729.50; 10 Day Average True Range: 51.32; VIX: 9.75

Click Here

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 1.11.18

Markets
 
In Asia, Japan -0.3%. Hong Kong +0.1%. China +0.1%. India +0.2%
In Europe, at midday, London +0.1%. Paris flat. Frankfurt-0.2 %. 
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +0.6% to $63.95. Gold -0.1% to $1318.70 Bitcoin -9.8% to $13432. 
Ten-year Treasury Yield flat at 2.54%
  
(Source: Seeking Alpha)

Economic Calendar

8:30Initial Jobless Claims
8:30Producer Price Index
9:45Bloomberg Consumer Comfort Index
10:30EIA Natural Gas Inventory
1:00 PMResults of $12B, 30-Year Note Auction
2:00 PMTreasury Budget
3:30 PMFed’s Dudley: Economic Outlook
4:30 PMMoney Supply
4:30 PMFed Balance Sheet

S&P 500 (ES)

Today is Cycle Day 1 (CD1)…Average decline measures 2736 may have occurred in prior session as yesterday’s sell down found support at 2736.50. Assuming this being the case, then upside rally initially measures 2759.00, followed by 2765…2769.82.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2762.67; LOD ATR Range Projection: 2741.58; Cycle Day 1 Low: 2636.50 3 Day Central Pivot: 2747.25; 3 Day Cycle Target: 2773.50; 10 Day Average True Range: 14.92; VIX: 9.64

Click Here

Nasdaq 100 (NQ)

Naz found perfect support from 6644 level in prior session which was highlighted in DTS Briefing 1.10.18 stated: “3 Day Central Pivot Zone between 6636 – 6644 is marked as key support zone.” Price is rallying in overnight trade with initial target measuring 6688, followed by 6700…6711.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6716.75; LOD ATR Range Projection: 6645.25; Cycle Day 1 Low: 6614.50 3 Day Central Pivot: 6675.50; 3 Day Cycle Target: 6671.50; 10 Day Average True Range: 52.50; VIX: 9.64

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

Click Here

 

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 1.10.18

Markets
 
In Asia, Japan -0.3%. Hong Kong +0.2%. China +0.2%. India flat. 
In Europe, at midday, London flat. Paris -0.4%. Frankfurt -0.9%
Futures at 6:20, Dow -0.5%. S&P -0.4%. Nasdaq -0.5%. Crude +0.9% to $63.55. Gold +0.9% to $1326. Bitcoin -2.8% to $14032. 
Ten-year Treasury Yield +5 bps to 2.6% 
  
(Source: Seeking Alpha)

Economic Calendar

7:00 MBA Mortgage Applications
8:30 Import/Export Prices
9:00 Fed’s Evans: Monetary Policy
10:00 Atlanta Fed’s Business Inflation Expectations
10:00 Wholesale Trade
10:30 EIA Petroleum Inventories
1:00 PM Results of $20B, 10-Year Note Auction
1:30 PM Fed’s Bullard: U.S. Monetary and Economic Policy

S&P 500 (ES)

Today is Cycle Day 3 (CD3) Price achieved 3 Day Cycle Target (2759.16) in prior cash session, at which time the current decline began. Overnight trade has price extending this decline reaching lower ATR (10) range level @ 2737.27. Potential support marked between 2735 – 37 zone. Cycle Day 1 Low = 2736.50.

Nasdaq 100 (NQ)

NAZ also achieved its respective 3 Day Cycle Target (6706.30) at which time similar to ES current decline began. Price is lower in overnight trade having reached 6643.64 CD3 Violation Level. 3 Day Central Pivot Zone between 6636 – 6644 is marked as key support zone.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2751.98; LOD ATR Range Projection: 2737.27; Cycle Day 1 Low: 2636.50 3 Day Central Pivot: 2743.75; 3 Day Cycle Target: 2762.25; 10 Day Average True Range: 14.73; VIX: 10.48

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

Click Here

Today’s Hypotheses: March 2018 (ESH) 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 absorb current swing down sellers and recover 2748 50 handle zone. Upside retracement targets 2754 should this occur.

Scenario 2: Bears have an opening to press lower with 2748 – 50 zone as resistance. IF successful, THEN violation and conversion below 2737 opens door for deeper downside decline targeting 2728 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 1.9.18

Markets
 
In Asia, Japan +0.6%. Hong Kong +0.4%. China +0.1%. India +0.3%
In Europe, at midday, London +0.4%. Paris +0.6%. Frankfurt +0.2%
Futures at 6:20, Dow +0.1%. S&P flat. Nasdaq +0.1%. Crude +0.4% to $61.98. Gold -0.4%to $1315.70. Bitcoin -1.2% to $14785. 
Ten-year Treasury Yield flat at 2.49%
  
(Source: Seeking Alpha)

Economic Calendar

6:00 NFIB Small Business Optimism Index
8:55 Redbook Chain Store Sales
10:00 Job Openings and Labor Turnover Survey

S&P 500 (ES)

Today is Cycle Day 2 (CD2)…Shallow decline held the existing uptrend line as price continued it’s assent as Mutual Fund Monday saw investor inflows of $1.4B MOC. Next key upper targets are 2750 – 54 zone, followed by 2757 – 59 zone.

Nasdaq 100 (NQ)

NAZ also held uptrend line as early opening volatility lead to higher prices reaching 6690 CD1 Penetration Level. Price is trading higher pre-open near to CD2 Range Target of 6699 – 6701 zone.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2757.81; LOD ATR Range Projection: 2733.94; Cycle Day 1 Low: 2636.50 3 Day Central Pivot: 2733.75; 3 Day Cycle Target: 2762.25; 10 Day Average True Range: 15.06; VIX: 9.42

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

Click Here

Today’s Hypotheses: March 2018 (ESH) 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 (2748.50, THEN upside expansion targets 2750 – 54 zone.

Scenario 2: IF price violates and converts 2742 to lower resistance, THEN further downside targets PL (2737), followed by 2734 3 Day Central Pivot.

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

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

Good Trading…David

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

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

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

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

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

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

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

Trade Strategy 1.8.18

Markets
 
In Asia, Japan +0.9%. Hong Kong +0.3%. China +0.5%. India +0.6%
In Europe, at midday, London flat. Paris +0.3%. Frankfurt +0.3%
Futures at 6:20, Dow +0.2%. S&P flat. Nasdaq flat. Crude +0.8% to $61.93. Gold -0.1% to $1321.10. Bitcoin -4.4% to $15471. 
Ten-year Treasury Yield flat at 2.47%
  
(Source: Seeking Alpha)

Economic Calendar

12:30 PM TD Ameritrade IMX
12:40 PM Fed’s Bostic Speech
1:35 PM Fed’s Williams:Economic Outlook and Monetary Policy
3:00 PM Consumer Credit

S&P 500 (ES)

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 2627.00. Overnight trade saw price pop above PH (2743.25) and reverse back lower, currently trading 2339. We will use 2743.25 as resistance to set up potential normal CD1 decline scenario.

Nasdaq 100 (NQ)

NAZ reversed below PH (6671.00) during overnight trade which sets up potential to reach 6622 normal CD1 decline.

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2753.35; LOD ATR Range Projection: 2731.90; Cycle Day 1 Low: 2692.25 3 Day Central Pivot: 2720.75; 3 Day Cycle Target: 2763.00; 10 Day Average True Range: 15.85; VIX: 9.58

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

Click Here

Today’s Hypotheses: March 2018 (ESH) 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 (2743.25), THEN upside measures 2752 – 54 zone.

Scenario 2: IF price fails to converts PH (2743.25), THEN downside measures 2735.86, followed by 2731 – 2727 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 1.5.18

Markets
 
U.S. employers likely maintained a brisk pace of hiring in December, with expectations for an increase of 190,000 positions for the month. If the Labor Department reports such a figure today, it would take the total number of new jobs in 2017 to 2.11M, ahead of analyst forecasts at the start of the year. The data, along with strong markets and the Dow’s record 25,000 milestone, could also pave the way for the Fed to raise interest rates in March.
 
In Asia, Japan +0.9%. Hong Kong +0.3%. China +0.2%. India +0.5%
In Europe, at midday, London +0.4%. Paris +0.8%. Frankfurt +1.1%
Futures at 6:20, Dow +0.3%. S&P +0.3%. Nasdaq +0.4%. Crude -0.9% to $61.44. Gold -0.3% to $1317.80. Bitcoin +5.8% to $16029. 
Ten-year Treasury Yield +1 bps to 2.47%
  
(Source: Seeking Alpha)

Economic Calendar

8:30 Non-farm payrolls
8:30 International Trade
10:00 Factory Orders
10:00 ISM Non-Manufacturing Index
10:15 Fed’s Harker: Economic Outlook
12:30 PM Fed’s Mester speech
1:00 PM Baker-Hughes Rig Count
10:15 Fed’s Mester Speech on Saturday

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Cycle targets have all been exceeded as Bull keeps charging higher with no signs yet of a top. Price is currently above PH (2729.00) with CD3 Penetration Levels measuring 2736 – 2737.25 zone.

Nasdaq 100 (NQ)

Bull held every test of lower support in prior session and has reasserted during overnight trade, pushing higher above PH (6617.50). CD3 Penetration Levels measure 6636, followed by 6654.00

Range Projections and Key Levels (ES)

HOD  ATR Range Projection: 2738.68; LOD ATR Range Projection: 2717.07; Cycle Day 1 Low: 2692.25 3 Day Central Pivot: 2704.75; 3 Day Cycle Target: 2716.16; 10 Day Average True Range: 14.93; VIX: 9.12

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

Click Here

Today’s Hypotheses: March 2018 (ESH) 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 (2729.00), THEN upside targets 2735 – 2740 zone.

Scenario 2: IF price violates and converts 2725 handle, THEN downside measures 2720 – 2718 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