PTG Daily Trade Strategy

Trade Strategy 5.3.24

Markets Source: Seeking Alpha Economic Calendar  S&P 500 Prior Session was Cycle Day 3: Following the FED Day “range-runner” volatility session, this session retested the Cycle Day 1 Low (5051) securely and rallied, fulfilling cycle objectives.. Range was 76 handles on … Continue reading

Trade Strategy 5.2.24

Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Morning market activity was subdued as MATD rhythms dominated with relatively light volumes and range, as traders awaited the FED Presser. In typical fashion, JPOW leaned … Continue reading

Trade Strategy 5.1.24

Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Extreme CD1 as price declined and even surpassed 5061 Statistical Deviation Level, establishing a low at 5051. Range was 97 handles on 1.583M contracts exchanged. … Continue reading

Trade Strategy 4.30.24

Markets  Source: Seeking Alpha Economic Calendar  S&P 500 Prior Session was Cycle Day 3: Price finished this cycle’s rally with a extended push to CD3 Penetration Levels where buyers ran out of gas. Majority of this session was aimless directional trade … Continue reading

Trade Strategy 4.29.24

Markets (Top Stories) It’s a big week on the macro front with the Federal Reserve meeting and jobs report. Investors will look for more direction on whether the economy is heating or cooling. The interest rate policy statement from the … Continue reading

Trade Strategy 4.26.24

Markets (Top Stories) The Core PCE price Index is the less volatile measure of the PCE price index which excludes the more volatile and seasonal food and energy prices. Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Normal CD1 as … Continue reading

Trade Strategy 4.25.24

Markets  Source: Seeking Alpha Economic Calendar  S&P 500 Prior Session was Cycle Day 3: Rally extended up to bull target zone (5125 – 5130) as buyers ran into substantial resistance, then once the Open Range broke, the decline accelerated down to … Continue reading

Trade Strategy 4.24.24

Markets (Top Stories) Corporate Earnings Calendar   Wednesday, Apr 24 (AM): BA, T Wednesday, Apr 24 (PM): META, F, IBM Thursday, Apr 25 (AM): AAL, RCL Thursday, Apr 25 (PM): MSFT, GOOGL, INTC, SNAP, ROKU Friday, Apr 26 (AM): XOM, CVX, ABBV Source: investing.com Economic … Continue reading

Trade Strategy 4.23.24

Markets (Top Stories) Economic Calendar Corporate Earnings Calendar Tuesday, Apr 23 (AM): UPS, GM, LMT, SPOT, GE, PEP, RTY, FCX Tuesday, Apr 23 (PM): TSLA, V Wednesday, Apr 24 (AM): BA, T Wednesday, Apr 24 (PM): META, F, IBM Thursday, … Continue reading