Markets
 
In Asia, Japan +0.2%. Hong Kong +1.8%. China closed. India +0.4%
In Europe, at midday, London -0.2%. Paris -0.4%. Frankfurt -0.8%
Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq flat. Crude -0.9% to $61.25. Gold flat at $1331. Bitcoin -2.5% to $10948. 
Ten-year Treasury Yield flat at 2.88%
 
(Source: Seeking Alpha)

Economic Calendar

7:00 MBA Mortgage Applications
8:55 Redbook Chain Store Sales
9:00 Fed’s Harker: Economic Outlook
9:45 PMI Composite Flash
10:00 Existing Home Sales
11:30 Results of $13B, 2-Year FRN Auction
1:00 PM Results of $35B, 5-Year Note Auction
2:00 PM FOMC minutes

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Price is currently below CD1 Low (2719.50)..Odds favor trading back above to notch a Positive 3 Day Cycle

Scenario 1: IF price clears and converts 2719.50, THEN upside targets retest of 2732 – 36 3 Day Central Pivot Zone. IF converted THEN additional upside measures 2745 – 50 zone.

Scenario 2: IF price stays below PC (2715.00) and violates 2705 to lower resistance, THEN downside targets 2694.50 – 2688 zone.

HOD  ATR Range Projection: 2750.41; LOD ATR Range Projection: 2677.34; Cycle Day 1 Low: 2719.50; 3 Day Central Pivot: 2729.75; 3 Day Cycle Target: 2765.00; 10 Day Average True Range 44.16; VIX: 20.43

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Positive 3 Day Cycle has been fulfilled as price is above CD1 Low (6758.25). Additional gains can develop with conversion of 6844 handle.

Scenario 1: IF price clears and converts 6718 to upper support, THEN initial upside targets 6843.75. Expansion levels measure 6862.50 – 6874.00 zone.

Scenario 2: IF price violates and converts PC 6792.00 to resistance, THEN downside targets 6758.25, followed by 6723.25 – 6698 zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6902.06; LOD ATR Range Projection: 6687.69; Cycle Day 1 Low: 6758.25; 3 Day Central Pivot: 6791.25; 3 Day Cycle Target: 6881.25; 10 Day Average True Range: 127.31; VIX: 20.43

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 2.20.18

Markets
 
In Asia, Japan -1%. Hong Kong -0.8%. China closed. India -0.2%
In Europe, at midday, London -0.3%. Paris +0.1%. Frankfurt -0.1%
Futures at 6:20, Dow -0.8%. S&P -0.8%. Nasdaq -0.8%. Crude +0.5% to $61.83. Gold -1.1% to $1341. Bitcoin +2.1% to $11396. 
Ten-year Treasury Yield +3 bps to 2.91%
 
(Source: Seeking Alpha)

Economic Calendar

1:00 PM Results of $28B, 2-Year Note Auction

S&P 500 (ES)

Today is Cycle Day 2 (CD2)…Prior session was CD1 and price fulfilled average decline projection. Price is sliding further in overnight trade and currently has found a buy response at 2710 3 Day Central Pivot.

Scenario 1: Bulls will need to recover above CD1 Low (2719.50 and then convert 2730 to upper support to shift the current downswing. Upside targets 2743 if accomplished.

Scenario 2: Bears have ball control below 2730 and an opening to press lower to retest prior low zone. Lower targets measures 2708 – 2706 zone, followed by 2700 – 2693 zone.

HOD  ATR Range Projection: 2755.87; LOD ATR Range Projection: 2688.13; Cycle Day 1 Low: 2719.50; 3 Day Central Pivot: 2711.00; 3 Day Cycle Target: 2765.00; 10 Day Average True Range 46.87; VIX: 20.89

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Prior session was CD1 and price fulfilled average decline projection (6761.44). Price is sliding further in overnight trade and currently has found a buy response at 6727 3 Day Central Pivot.

Scenario 1: Bulls will need to recover above CD1 Low (6758.25) and then convert 6796.00 to upper support to shift the current downswing. Upside targets 6808 – 6819 zone if accomplished.

Scenario 2: Bears have ball control below 6785.00 and an opening to press lower to retest prior low zone. Lower targets measures 6727 –  6711 zone, followed by 6687.25  – 6670.00 zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6856.91; LOD ATR Range Projection: 6662.84; Cycle Day 1 Low: 6758.25; 3 Day Central Pivot: 6727.50; 3 Day Cycle Target: 6881.25; 10 Day Average True Range: 133.66; VIX: 20.89

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 2.19.18

Markets
 
Stocks finished mostly higher on Friday to keep their strong weekly gains intact ahead of the extended Presidents Day weekend, as the Dow and S&P 500 gained 4.3% and the Nasdaq jumped 5.3% for the week. There was a slight dip in stocks after news broke that a federal grand jury indicted 13 Russian nationals and three Russian entities on accusations of interference in the 2016 presidential election. U.S. Treasury prices finished flat, with the benchmark 10-year yield losing a basis point to 2.88% while the two-year yield ticked up a basis point to 2.19%; for the week, the 10-year yield added 2 bps and the two-year yield jumped 12 bps. Crude oil finished the week at $61.68/bbl.
 
(Source: Seeking Alpha)

Economic Calendar

No Reports Today 

S&P 500 (ES)

Today is Cycle Day 1 (CD1)…Normal Decline measures 2718.44…Shortened holiday trade session is not expected to produce big moves as cash equities markets are closed in observance of President’s Day. Futures are open until 1 pm est.

Scenario 1: IF price converts PH (2754.75), THEN CD1 Penetration Level measures 2763.63 – 2768.88 zone.

Scenario 2: IF price converts PL (2722.25), THEN CD1 Violation Level measures 2710.80 – 2705.68 zone.

HOD  ATR Range Projection: 2787.67; LOD ATR Range Projection: 2694.08; Cycle Day 1 Low: 2627.00; 3 Day Central Pivot: 2711.00; 3 Day Cycle Target: 2786.18; 10 Day Average True Range 53.67; VIX: 19.46

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Normal Decline measures 6761.44…Shortened holiday trade session is not expected to produce big moves as cash equities markets are closed in observance of President’s Day. Futures are open until 1 pm est.

Scenario 1: IF price converts PH (6859.75), THEN CD1 Penetration Level measures 6877.62 – 6888.73 zone.

Scenario 2: IF price converts PL (6761.44), THEN CD1 Violation Level measures 6737.56 – 6718.50 zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6934.72; LOD ATR Range Projection: 6667.03; Cycle Day 1 Low: 6456.25; 3 Day Central Pivot: 6727.50; 3 Day Cycle Target: 6921.88; 10 Day Average True Range: 152.47; VIX: 19.46

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 2.16.18

Markets

The S&P 500 and the DJIA have now rallied for five consecutive sessions since falling into correction territory last week, with both indexes up 4% and on track for their biggest weekly percentage rise since November 2016. The Nasdaq is up over 5%, representing its best week since October 2014.

In Asia, Japan +1.2%. Hong Kong closed. China closed. India -0.8%
In Europe, at midday, London +0.6%. Paris +0.8%. Frankfurt +0.5%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.12%. Crude +0.2% to $61.31. Gold +0.4% to $1360.80. Bitcoin -2.9% to $9729. 
Ten-year Treasury Yield flat at 2.89%

(Source: Seeking Alpha)

Economic Calendar

8:30 Housing Starts
8:30 Import/Export Prices
10:00 Consumer Sentiment
10:00 E-Commerce Retail Sales
1:00 PM Baker-Hughes Rig Count

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Continuation rally has pushed price to 2746.50 CD3 Penetration Levels in overnight trade. Next upside level targets 2756 handle.

Scenario 1: IF price clears and converts PH (2736.75), THEN upside targets 2746.50 Penetration Level.

Scenario 2: IF price violates and converts PC (2734.50) to lower resistance, THEN pullback targets 2720 – 17 zone, followed by 2714 – 12 VWAP.

HOD  ATR Range Projection: 2791.21; LOD ATR Range Projection: 2688.00; Cycle Day 1 Low: 2627.00; 3 Day Central Pivot: 2683.50; 3 Day Cycle Target: 2715.00; 10 Day Average True Range 58.71; VIX: 18.79

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Continuation rally has reached 6855.85 CD3 Penetration Level in overnight trade. Further upside measures 6883 handle.

Scenario 1: IF price clears and converts PH (6827.50), THEN targets 6855 handle, followed by 6878 – 83 zone.

Scenario 2: IF price violates and converts PC (6820.75) to lower resistance, THEN pullback initially targets 6790 followed by 6760 – 50 zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6982.66; LOD ATR Range Projection: 6692.34; Cycle Day 1 Low: 6456.25; 3 Day Central Pivot: 6819.75; 3 Day Cycle Target: 6739.34; 10 Day Average True Range: 167.41; VIX: 18.79

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 2.15.18

Markets

U.S. stock index futures are pointing to a solid open, with DJIA futures up 262 points, or 1.1% to 25,124, brushing off increases to U.S. inflation that put fears in the market last week. While investors seem to be pointing to robust fundamentals, some analysts caution that rising consumer prices could produce more volatility this year. Government bond yields are still continuing their march higher, with the 10-year Treasury note yield edging up to 2.93%.

In Asia, Japan +1.5%. Hong Kong +2%. China +0.5%. India +0.4%
In Europe, at midday, London +0.5%. Paris +1.4%. Frankfurt +0.7%
Futures at 6:20, Dow +1.1%. S&P +0.7%. Nasdaq +0.7%. Crude flat at $60.60. Gold -0.2% to $1354.80. Bitcoin +1% to $9567. 
Ten-year Treasury Yield +2 bps to 2.93%

(Source: Seeking Alpha)

Economic Calendar

8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
8:30 Producer Price Index
8:30 Empire State Mfg Survey
9:15 Industrial Production
9:45 Bloomberg Consumer Comfort Index
10:00 NAHB Housing Market Index
10:30 EIA Natural Gas Inventory
4:00 PM Treasury International Capital
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

S&P 500 (ES)

Today is Cycle Day 2 (CD2)…Normal CD1 Decline fulfilled downside objective of 2632.30 at which time the rally began carrying price up to 2715 CD2 Penetration Level in overnight trade.

Scenario 1: IF price clears and converts PH (2701.75), THEN initial objective targets 2715.40, followed by 2726 handle.

Scenario 2: Price is currently above PH (2701.75) and would need to violate and convert to lower resistance to get a deeper downside move targeting 2685 handle, followed by 2676 VPOC.

HOD  ATR Range Projection: 2755.81; LOD ATR Range Projection: 2657.19; Cycle Day 1 Low: 2627.00; 3 Day Central Pivot: 2659.50; 3 Day Cycle Target: 2715.00; 10 Day Average True Range 62.31; VIX: 18.64

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Price declined in prior session fulfilling normal CD1 Decline Target 6475 handle, at which time rally began reaching 6739.34 CD2 Penetration Level in overnight trade.

Scenario 1: IF price clears and converts PH (6692.75), THEN initial upside target 6739.34 followed by 6760 handle.

Scenario 2: IF price violates and converts PH (6692.75) to lower resistance, THEN deeper downside targeting 6670 followed by 6650 handle.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6849.72; LOD ATR Range Projection: 6564.78; Cycle Day 1 Low: 6456.25; 3 Day Central Pivot: 6548.50; 3 Day Cycle Target: 6739.34; 10 Day Average True Range: 175.22; VIX: 18.64

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 2.14.18

Markets

The inflation boogeyman may be in town today as investors focus on CPI data that could upset the market’s fragile recovery, or clear the way for additional gains. U.S. consumer prices rose 2.1% Y/Y in December and are forecast to stay around the same pace this month.

In Asia, Japan -0.4%. Hong Kong +2.3%. China +0.5%. India -0.4%
In Europe, at midday, London +0.8%. Paris +0.8%. Frankfurt +0.7%
Futures at 6:20, Dow +0.5%. S&P +0.5%. Nasdaq +0.5%. Crude -0.8% to $58.69. Gold +0.2% to $1333.30. Bitcoin +4.3% to $8885. 
Ten-year Treasury Yield flat at 2.83%

(Source: Seeking Alpha)

Economic Calendar

7:00 MBA Mortgage Applications
8:30 Consumer Price Index
8:30 Retail Sales
10:00 Business Inventories
10:00 Atlanta Fed’s Business Inflation Expectations
10:30 EIA Petroleum Inventories

S&P 500 (ES)

Today is Cycle Day 1 (CD1)…Price closed strong in prior session which is carrying price higher in overnight trade reaching CD1 Penetration Level (2676.50). price will need to violate and convert PC (2663.75) to increase odds of normal CD1 decline measuring 2632.30.

Scenario 1: IF price converts PH (2667.50), THE initial upside targets 2676.50 followed by 2690 – 95 zone.

Scenario 2: IF price converts PC (2663.75) to resistance, THEN deeper downside initially target 2658 handle. Should this level falter, prior VWAP (2651.50) come into play.

HOD  ATR Range Projection: 2724.04; LOD ATR Range Projection: 2614.46; Cycle Day 1 Low: 2530.25; 3 Day Central Pivot: 2633.25; 3 Day Cycle Target: 2566.75; 10 Day Average True Range 63.04; VIX: 23.41

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Rally continued into overnight session fulfilled CD1 Penetration Zone (6588 – 6593). Bulls will need to convert this zone to solid support to expand higher targeting 6635 VPOC.

Scenario 1: IF price converts PH (6571), THEN initial upside targets 6588 – 93 CD1 Penetration Zone.

Scenario 2: IF price converts PC (6561.50) to resistance, THEN downside initially targets 6528 – 25 VWAP, followed by 6475 .50 CD1 average decline.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6727.55; LOD ATR Range Projection: 6426.95; Cycle Day 1 Low: 6164.00; 3 Day Central Pivot: 6461.75; 3 Day Cycle Target: 6259.00; 10 Day Average True Range: 175.55; VIX: 23.41

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 2.13.18

Markets

A recovery for U.S. equities showed signs of faltering overnight, with DJIA futures dropping 186 points, or 0.8%, to 24,397, and S&P 500 and Nasdaq futures down 0.7%. Yesterday marked the second-straight winning session for U.S. stocks as investors went bargain hunting following the biggest weekly loss for all three indexes since 2016, sparked by signs of increasing inflation and rising bond yields.

In Asia, Japan -0.7%. Hong Kong +1.3%. China +1%. India +0.9%
In Europe, at midday, London +0.1%. Paris -0.5%. Frankfurt -0.5%
Futures at 6:20, Dow -0.8%. S&P -0.7%. Nasdaq -0.7%. Crude -0.3% to $59.14. Gold +0.4% to $1331.30. Bitcoin -3.9% to $8541. 
Ten-year Treasury Yield -2 bps to 2.83%

(Source: Seeking Alpha)

Economic Calendar

6:00 NFIB Small Business Optimism Index
8:00 Fed’s Mester speech
8:55 Redbook Chain Store Sales

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Cycle Rally objectives have been fulfilled, as such the next decline could begin any time. Currently price is trading below PC (2652.50)…Bulls will need to recover and convert PH (2671.50) to expand the current upswing.

Scenario 1: IF price converts PC (2652.50) to support, THEN initial objective targets PH (2671.50). Penetration Levels measures 2679 – 2681 zone.

Scenario 2: Failure to recover PC (2652.50) opens door for decline initially targeting 2622 3 Day Central Pivot. Failure to illicit a solid buy response targets 2608 Violation Level.

HOD  ATR Range Projection: 2705.66; LOD ATR Range Projection: 2589.59; Cycle Day 1 Low: 2530.25; 3 Day Central Pivot: 2622.00; 3 Day Cycle Target: 2566.75; 10 Day Average True Range 69.66; VIX: 26.95

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Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Cycle Rally is in place, as such Bulls will need to converts PC (6526.00) to support for continued upswing rally, otherwise new round of selling may develop.

Scenario 1: IF price clears and converts PC (6526.00), THEN initial objective targets 6598 Penetration Level, followed by 6630 VPOC.

Scenario 2: Failure to convert PC (6526.00) opens door explore 6495 – 98 zone. Breakdown from this zone targets 6475 0 6460 zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6669.95; LOD ATR Range Projection: 6357.80; Cycle Day 1 Low: 6164.00; 3 Day Central Pivot: 6423.25; 3 Day Cycle Target: 6259.00; 10 Day Average True Range: 193.45; VIX: 26.95

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 2.12.18

Markets

U.S. stock index futures are up by 1.2%, but with yields on U.S. 10-year Treasury paper touching a four-year top of 2.885%, it’s too early to sound an all-clear on volatility. Another upcoming challenge will be the release of U.S. consumer price data on Wednesday – given that it was fears of faster inflation, and thus more aggressive rate rises, that triggered the global rout in the first place.

In Asia, Japan -2.3%. Hong Kong -0.2%. China +0.8%. India +0.9%
In Europe, at midday, London +1.1%. Paris +1.3%. Frankfurt +1.5%
Futures at 6:20, Dow +1.2%. S&P +1.2%. Nasdaq +1.2%. Crude +1.7% to $60.20. Gold +0.5% to $1322.10. Bitcoin +7.2% to $8651. 
Ten-year Treasury Yield +5 bps to 2.88%

(Source: Seeking Alpha)

Economic Calendar

2:00 PM Treasury Budget

S&P 500 (ES)

Today is Cycle Day 2 (CD2)…Rally which began in prior session continues in overnight trade as price is higher by 30 handles fulfilling CD2 average penetration target of 2650. Bulls will need to continue pushing above this level for further upside expansion.

Scenario 1: IF price converts PH (2637.75), THEN initial target measures 2650, followed by 2660 – 2668 zone.

Scenario 2: IF price violates PH (2637.50), THEN initial target measures PC 2621.50.

HOD  ATR Range Projection: 2696.25; LOD ATR Range Projection: 2581.75; Cycle Day 1 Low: 2530.25; 3 Day Central Pivot: 2634.75; 3 Day Cycle Target: 2566.75; 10 Day Average True Range 73.25; VIX: 26.21

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Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Price continuing to rally in overnight trade fulfilling CD2 Penetration Level (6498.00. Bulls will need convert this level to support to expand the rally targeting 6580 – 6600 zone.

Scenario 1: IF price converts PH (6455.50), THEN initial upside measures 6474 – 6498 CD2 penetration zone.

Scenario 2: IF price violates PH (6455.50), THEN initial downside targets PC (6425.75)…Failure to secure support opens door to deeper downside targeting 6330 VPOC zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6615.30; LOD ATR Range Projection: 6297.50; Cycle Day 1 Low: 6164.00; 3 Day Central Pivot: 6455.25; 3 Day Cycle Target: 6259.00; 10 Day Average True Range: 201.05; VIX: 26.21

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 2.9.18

Markets

In Asia, Japan -2.3%. Hong Kong -3.1%. China -4%. India -1.2%
In Europe, at midday, London -0.6%. Paris -1.2%. Frankfurt -1.3%
Futures at 6:20, Dow +0.6%. S&P +0.8%. Nasdaq +0.9%. Crude -1.1% to $60.50. Gold +0.2% to $1317.10. Bitcoin +0.4% to $8268. 
Ten-year Treasury Yield flat at 2.85%

(Source: Seeking Alpha)

Economic Calendar

8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Results of $16B, 30-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

S&P 500 (ES)

Today is Cycle Day 1 (CD1)…Decline began in prior session fulfilling expected range targets. Price will need to hold prior low (2577.00) and begin this cycle’s rally, otherwise it could be a rough session for bulls.

Scenario 1: IF price can hold above PL (2577.00), THEN odds for recovery rally can unfold initially targeting 2620 – 2630 zone. Further strength will need to convert 2640 handle to extend any rally attempt.

Scenario 2: IF price violates and converts PL (2577.00) to lower resistance, THEN retest of extreme low (2529) increases in potential.

HOD  ATR Range Projection: 2648.64; LOD ATR Range Projection: 2551.36; Cycle Day 1 Low: 2823.50; 3 Day Central Pivot: 2648.50; 3 Day Cycle Target: 2700.00; 10 Day Average True Range 65.64; VIX: 32.63

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Price is currently testing and holding above PC (6310.25)…Bulls will need to hold above for recovery rally. Initial objective is to convert 6340 to upper support which would open potential to accelerate higher targeting 6420 – 6440 zone.

Scenario 1: IF price clears and converts 6340, THEN odds favor extending higher targeting 6400, then 6420 – 40 zone.

Scenario 2: IF price violates and converts PL (6301.00), THEN retest of extreme low (6260) comes into play. Conversion of a break would then target 6234 – 6197 zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6469.45; LOD ATR Range Projection: 6197.55; Cycle Day 1 Low: 6884.75; 3 Day Central Pivot: 6518.00; 3 Day Cycle Target: 6636.00; 10 Day Average True Range: 180.95; VIX: 32.63

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 2.8.18

Markets

In Asia, Japan -1.1%. Hong Kong +0.4%. China -1.4%. India +1%
In Europe, at midday, London -0.8%. Paris -1%. Frankfurt -1.4%
Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.1%. Crude -0.9% to $61.26. Gold -0.1% to $1313.70. Bitcoin +11.9% to $8483. 
Ten-year Treasury Yield flat at 2.83%

(Source: Seeking Alpha)

Economic Calendar

8:30 Initial Jobless Claims
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Results of $16B, 30-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

S&P 500 (ES)

Today is Cycle Day 3 (CD3)…Price action continues to work on stabilizing near the 3 Day Central Pivot (2660.00) and previous close (2667.00). Expectation today is for continued elevated wide range volatility within the current ATR Range (2703 – 2620).

Scenario 1: IF price converts PC ( 2667.00) to solid support, THEN upside potential measures 2688..2703..2736.

Scenario 2: IF price fails to hold PC (2667.00) and subsequently violates and converts 2640 handle, THEN downside potential measures 2620…2600..2585.

HOD  ATR Range Projection: 2703.54; LOD ATR Range Projection: 2620.96; Cycle Day 1 Low: 2823.50; 3 Day Central Pivot: 2660.75; 3 Day Cycle Target: 2700.00; 10 Day Average True Range 58.29 ; VIX: 28.84

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Price rallied in prior session reaching 6717 target outlined prior DTS Briefing 2.7.18Scenario 1: IF price clears and converts 6678, THEN upside targets 6695 – 6717 zone.”  Initial support is now marked @ 6500 handle.

Scenario 1: IF price converts PC (6545.25) to solid support, THEN upside targets 6640, follows by 6717 – 6748 CD3 Penetration Zone.

Scenario 2: Failure to hold PC (6545.25), THEN downside test of 6500 comes into play…Violation of this level opens door down to 6422 – 6391 CD3 Violation Zone.

Range Projections and Key Levels (NQ)

HOD  ATR Range Projection: 6649.50; LOD ATR Range Projection: 6438.00; Cycle Day 1 Low: 6884.75; 3 Day Central Pivot: 6565.00; 3 Day Cycle Target: 6636.00; 10 Day Average True Range: 159.00; VIX: 28.84

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