Trade Strategy 8.22.17

Markets
 
In Asia, Japan -0.1%. Hong Kong +0.9%. China +0.1%. India +0.1%
In Europe, at midday, London +0.7%. Paris +0.5%. Frankfurt +0.7%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.3%. Crude +0.2% to $47.63. Gold -0.4% to $1291. 
Ten-year Treasury Yield +2 bps to 2.2%
 
(Source: Seeking Alpha)

Economic Calendar 

8:55 Redbook Chain Store Sales
9:00 FHFA House Price Index
10:00 Richmond Fed Mfg.

PTG Trading

Early selling was absorbed as bargain hunters stepped in to bid price higher by session close. Price is extending gains in overnight session, reaching minimum 3 Day Cycle Target (2435.88).

Today is Cycle Day 3 (CD3)…There remains additional room for price to rally higher targeting 2442 handle…Though having reached minimum cycle target (2435.88) violation and conversion back below 2424 places ball back in bear camp.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2447.38; LOD ATR Range Projection: 2417.38; Cycle Day 1 Low: 2419.50; 3 Day Central Pivot: 2431.00; 3 Day Cycle Target: 2435.88; 10 Day Average True Range: 19.88; VIX: 13.60

**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 (2431.50), THEN upside is open to extend the rally to 2442 – 2445 zone.

Scenario 2:  IF price violates and converts 2424 (VWAP) to lower resistance, advantage shifts back to bears targeting 2420 – 2415 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 8.21.17

Markets
 
In Asia, Japan -0.4%. Hong Kong +0.4%. China +0.6%. India -0.8%
In Europe, at midday, London flat. Paris -0.2%. Frankfurt -0.2%
Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude +0.2% to $48.76. Gold +0.1% to $1292.70. 
Ten-year Treasury Yield flat at 2.18%
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Chicago Fed National Activity Index

PTG Trading

Today is Cycle Day 2 (CD2)…Following hard sell-off last week, bulls have their work cut-out to stabilize price. Spike in the Volatility Index (VIX: 14.14) has caused some consternation with the short volatility sellers. Sustained readings above 15 in VIX could cause additional rounds of forced selling (short vol cover) in the indexes.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2438.77; LOD ATR Range Projection: 2412.48; Cycle Day 1 Low: 2419.50; 3 Day Central Pivot: 2445.00; 3 Day Cycle Target: 2442.20; 10 Day Average True Range: 19.02; VIX: 14.14

**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 Bulls can hold price above 2420 and convert 2432 to upper support, THEN upside has potential to recover 2442 – 45 zone.

Scenario 2:  IF Bears keep ball control below 2432 and push for a violation and conversion of 2420, THEN this may force additional selling with lower targets measuring 2412 – 2409 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 8.18.17

Markets
 
In Asia, Japan -1.2%. Hong Kong -1.1%. China flat. India -0.9%
In Europe, at midday, London -1%. Paris -1.1%. Frankfurt -0.9%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.2%. Crude +0.6% to $47.34. Gold +0.6% to $1,300.60. 
Ten-year Treasury Yield -5 bps to 2.19%
 
(Source: Seeking Alpha)

Economic Calendar 

10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count

PTG Trading

Today is Cycle Day 1 (CD1)…Normal cycle decline targets have already been exceeded with prior session’s sell-off. Cycle Extremes measure 2415 – 2411 zone. Key VPOC = 2424.00

Options Expiration may have some influence over the next couple sessions. Max Pain Strike = 245 (SPY).

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2442.13; LOD ATR Range Projection: 2416.13; Cycle Day 1 Low: 2460.00; 3 Day Central Pivot: 2457.75; 3 Day Cycle Target: 2440.63; 10 Day Average True Range: 17.88

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

Click Here

Today’s Hypotheses: September 2017 (U) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1:  Bulls need to recover ONH (2434) at minimum to stop the bleed. IF successful, THEN initial upside measures 2439 – 62 zone.

Scenario 2:  Bears need to keep the pressure on today below ONH (2434) and crack 2424 which is a key VPOC support.

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 8.17.17

Markets
 
In Asia, Japan -0.1%. Hong Kong -0.2%. China +0.7%. India +0.1%
In Europe, at midday, London -0.3%. Paris -0.2%. Frankfurt -0.2%
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.3%. Crude -0.3% to $46.65. Gold +0.5% to $1289.90. 
Ten-year Treasury Yield +2 bps to 2.24% 
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
9:15 Industrial Production
9:45 Bloomberg Consumer Comfort Index
10:00 E-Commerce Retail Sales
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

S&P 500 e-mini future (ES) held bid throughout morning session, then gave back early gains during afternoon session, settling slight positive for the day. In overnight trade, price is currently holding above 2460 Key Pivot Support.

Today is Cycle Day 3 (CD3)…Price will need to auction above and hold 2468 -70 zone for any chance to reach 3 Day Cycle Target (2477.50).

Options Expiration may have some influence over the next couple sessions. Max Pain Strike = 245 (SPY).

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2477.25; LOD ATR Range Projection: 2453.75; Cycle Day 1 Low: 2460.00; 3 Day Central Pivot: 2463.75; 3 Day Cycle Target: 2477.50; 10 Day Average True Range: 14.75

**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:  Bulls will need to clear and convert 2468 (VWAP) to upper support for any chance of rallying higher, which if successful targets 2475 – 77 zone.

Scenario 2:  Bears need to violate and convert 2460 handle to lower resistance. IF successful, THEN lower targets measure 2453 – 52 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 8.16.17

Markets
 
In Asia, Japan -0.1%. Hong Kong +0.9%. China -0.1%. India +1%
In Europe, at midday, London +0.6%. Paris +1.1%. Frankfurt +0.8%
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude +0.3% to $47.69. Gold -0.3% to $1275.80. 
Ten-year Treasury Yield +1 bps to 2.28%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
8:30 Housing Starts
10:00 Atlanta Fed’s Business Inflation Expectations
10:30 EIA Petroleum Inventories
2:00 PM FOMC minutes

PTG Trading

Cycle Day 1 Low (2460.00) was made early in session, at which time price bounced to noon-time high. Test of CD1 Low mid-afternoon (2 pm) secured the low.

Today is Cycle Day 2 (CD2)…Bulls remain squarely in control above 2460 and with a move above 2470 opens skylight to 2475 – 77 target zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2476.35; LOD ATR Range Projection: 2456.40; Cycle Day 1 Low: 2460.00; 3 Day Central Pivot: 2454.25; 3 Day Cycle Target: 2477.50; 10 Day Average True Range: 14.85

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

Click Here

Today’s Hypotheses: September 2017 (U) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1:  IF price penetrates and converts PH (2473.25) to upper support, THEN 2475 – 2477.50 zone is targeted.

Scenario 2:  IF price violates and converts CD1 Low (2460.00) to lower resistance, THEN downside is open to 1456 – 54 3 Day Central Pivot 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 8.15.16

Markets
 
In Asia, Japan +1.1%. Hong Kong -0.3%. China +0.4%. India +0.8%
In Europe, at midday, London +0.4%. Paris +0.5%. Frankfurt +0.3%
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -0.3% to $47.44. Gold -0.8% to $1279.60. 
Ten-year Treasury Yield +3 bps to 2.25% 
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Retail Sales
8:30 Empire State Mfg Survey
8:30 Import/Export Prices
8:55 Redbook Chain Store Sales
10:00 Business Inventories
10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital

PTG Trading

Price rallied higher unrestricted, in prior session reaching and/or exceeding 3 Day Cycle Targets across indices.

Today is Cycle Day 1 (CD1)…Momentum may push price higher before the next decline begins. Average Decline on CD1 measures 2452.50. Break below 2458 – 60 zone would threaten the current upswing.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2477.27; LOD ATR Range Projection: 2458.48; Cycle Day 1 Low: 2432.75; 3 Day Central Pivot: 2448.00; 3 Day Cycle Target: 2480.00 / 2488.20; 10 Day Average True Range: 14.77

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

Click Here

Today’s Hypotheses: September 2017 (U) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1:  IF price penetrates and converts PH (2466.50), THEN upside measures 2477.27 – 2480 zone, followed by 2484.86 – 2488.20 zone.

Scenario 2:  IF price violates and converts ONL (2462.50) to lower resistance, THEN initial downside targets 2458.48. Further violation of this level opens door down to 2452 – 2450 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 8.14.17

Markets
 
 In Asia, Japan -1%. Hong Kong +1.4%. China +0.9%. India +0.8%
In Europe, at midday, London +0.6%. Paris +1%. Frankfurt +1.1%
Futures at 6:20, Dow +0.4%. S&P +0.6%. Nasdaq +0.6%. Crude -0.7% to $48.46. Gold -0.6% to $1286.70. 
Ten-year Treasury Yield +3 bps to 2.22%
 
(Source: Seeking Alpha)

Economic Calendar 

No events scheduled

PTG Trading

Today is Cycle Day 3 (CD3)…Current Cycle Rally continued in the overnight reaching the minimum 3 Day Cycle target (2451.00)…Secondary target measures 2458.44. Cycle Range High = 2463,43. Structural Support is marked between 2438 – 40 zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2454.50.; LOD ATR Range Projection: 2442.45; Cycle Day 1 Low: 2432.75; 3 Day Central Pivot: 2451.75; 3 Day Cycle Target: 2451.00 / 2458.44; 10 Day Average True Range: 13.05

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

Click Here

Today’s Hypotheses: September 2017 (U) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1:  IF price clears and converts PH (2446.50), THEN upside targets measures 2451.00, followed by 2454.50…2458.50.

Scenario 2:  Violation and conversion of 2448.00 would be initial sign of weakness targeting PH (2446.50). Failure to hold this level opens door to deeper pullback in prior range targeting 2442 – 40 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 8.11.17

Markets
 
In Asia, Japan closed. Hong Kong -2%. China -1.6%. India -1%
In Europe, at midday, London -1.2%. Paris -1.1%. Frankfurt -0.3%
Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.2%. Crude -1% to $48.11. Gold +0.3% to $1293.60. 
Ten-year Treasury Yield -2 bps to 2.19% 
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Consumer Price Index
1:00 PM Baker-Hughes Rig Count

PTG Trading

We wrote in prior DTS Briefing Report 8.10.17 “Price has notched two consecutive sessions below 3 Day Central Pivot Zone which typically is a bearish signal suggesting a Change of Character (COC).” Price continued it’s bearish selloff dropping 41.50 handles as Volatility Products spiked higher causing margin calls against short-vol players.

Today is Cycle Day 2 (CD2)…No recovery bounce in overnight session, so there is potential for continued margin selling, forcing price lower before finding a natural low. Average Range on CD2 is 14.32 with Max Avg 22.47. 

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2443.85.; LOD ATR Range Projection: 2424.90; Cycle Day 1 Low: 2432.75; 3 Day Central Pivot: 2464.00; 3 Day Cycle Target: 2451.00; 10 Day Average True Range: 13.10

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

Click Here

Today’s Hypotheses: September 2017 (U) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1:  IF price can recover CD1 Low (2432.75) and subsequently convert ONH (2438) to upper support, THEN a possible recovery rally may unfold targeting 2445 handle.

Scenario 2:  Violation and conversion of CD1 Low (2432.75) to lower resistance opens trap door for further selling initially targeting 2425.00, followed by 2421.50, then 2416 – 14 extreme 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 8.10.17

Markets
 
In Asia, Japan -0.1%. Hong Kong -1.1%. China -0.4%. India -0.8%
In Europe, at midday, London -1.3%. Paris -0.4%. Frankfurt -0.8%
Futures at 6:20, Dow -0.2%. S&P -0.3%. Nasdaq -0.5%. Crude +0.7% to $49.88. Gold +0.5% to $1285. 
Ten-year Treasury Yield flat at 2.23% 
 
(Source: Seeking Alpha)

Economic Calendar 

8:30 Initial Jobless Claims
8:30 Producer Price Index
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Results of $12B, 30-Year Note Auction
2:00 PM Treasury Budget
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

PTG Trading

Today is Cycle Day 1 (CD1)…Normal is for some magnitude decline with average measuring 14.41 handles targeting 2460.09. Price has notched two consecutive sessions below 3 Day Central Pivot Zone which typically is a bearish signal suggesting a Change of Character (COC). IF 2459 is violated and converted, THEN lower price targets measure 2454 – 2352 zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2472.95.; LOD ATR Range Projection: 2462.30; Cycle Day 1 Low: 2472.00; 3 Day Central Pivot: 2474.00; 3 Day Cycle Target: 2479.30; 10 Day Average True Range: 11.95

**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:  Bulls will need to hold PL (2459) and convert 2468 to upper support to get a next rally going which initially targets 2472 – 74 zone.

Scenario 2:  Bears have an opening to violate and convert PL (2459) to lower resistance and if successful targets 2454 – 2452 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 8.9.17

Markets
 
North Korea is “carefully examining” a strike on the U.S. territory of Guam after President Trump warned of “fire and fury” in response to further threats from the regime. Intelligence reports are suggesting Pyongyang has successfully developed a “miniaturized nuclear weapon” and has “up to 60 nuclear weapons” in its arsenal. The geopolitical tensions have sent global equities into the red, while safe havens climb, including gold and the yen.
 
Oil is rising back towards $50 a barrel ahead of the EIA inventory report expected to show crude stocks dropping for a sixth week, although gains were capped by compliance doubts with OPEC-led supply cuts. Crude inventories last week fell by 7.84M barrels, but gasoline stocks rose unexpectedly, data from the American Petroleum Institute showed on Tuesday.
 
In Asia, Japan -1.3%. Hong Kong -0.4%. China -0.2%. India -0.7%
In Europe, at midday, London -0.7%. Paris -1.5%. Frankfurt -1.2%
Futures at 6:20, Dow -0.1%. S&P -0.3%. Nasdaq -0.5%. Crude +0.6% to $49.44. Gold +0.8% to $1273. 
Ten-year Treasury Yield -3 bps to 2.25%
 
(Source: Seeking Alpha)

Economic Calendar 

7:00 MBA Mortgage Applications
8:30 Productivity and Costs
10:00 Wholesale Trade
10:30 EIA Petroleum Inventories
1:00 PM Fed’s Evans: Monetary Policy
1:00 PM Results of $20B, 10-Year Note Auction

PTG Trading

S&P e-mini (ES) achieved projected upside target of 2488 as well as downside range projection of 2467.30 outlined in prior DTS Briefing 8.8.17. Morning short cover squeeze followed by afternoon reversal created an bearish outside-reversal day.

Today is Cycle Day 3 (CD3)…Momentum has now shifted to bear-camp. If price fails to recover 2466 – 68 zone back to support, further downside is to be expected targeting 2453 – 2448 zone.

STAY NIMBLE and ALWAYS USE PROTECTIVE STOPS.

Range Projections and Key Levels

HOD  ATR Range Projection: 2470.35; LOD ATR Range Projection: 2459.15; Cycle Day 1 Low: 2472.00; 3 Day Central Pivot: 2474.75; 3 Day Cycle Target: 2490.61; 10 Day Average True Range: 11.35

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

Click Here

Today’s Hypotheses: September 2017 (U) Contract

*****The levels outlined below are more general framework within a larger range…They are to be used are reference prices from which to consider trade opportunities, not hard trade levels.

Scenario 1:  Bulls will need to recover price back above 2466 – 68 to stem any further selling damage. IF successful, THEN target would be 2472 CD1 Low.

Scenario 2:  Momentum has shifted to bear-camp with additional downside targets 2456.81…2453.84 – 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