Protected: Trade Strategy 9.24.18

This content is password protected. To view it please enter your password below:

Trade Strategy 9.21.18

Markets
 
In Asia, Japan +0.9%. Hong Kong +1.7%. China +2.5%. India -0.8%
In Europe, at midday, London +1%. Paris +0.8%. Frankfurt +0.7%
Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.3%. Crude +0.6% to $70.74. Gold -0.1% to $1209.60. Bitcoin +3.1% to $6693. 
Ten-year Treasury Yield flat at 3.08%
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

9:45 PMI Composite Flash
1:00 PM Baker-Hughes Rig Count

S&P 500

Today is Cycle Day 1 (CD1)…Normal is for a decline measuring 2920. Average Range for CD1 is 23.50 handles. Odds of decline > 10 handles = 72% Odds of decline > 20 = 42%

CD1 Range High = 2961.00        CD1 Range Low = 2922.00         CD1 Range Avg = 23.50 

Scenario 1: IF price holds bid above 2936, THEN upside targets 2946 – 2948.50 zone.

Scenario 2: IF price holds offer below 2936, THEN downside targets 2931, followed by 2926 – 2922.50 zone.

Range Projections and Key Levels (ES) September (U) Contract

HOD  ATR Range Projection: 2956.00; LOD ATR Range Projection: 2927.00; 3 Day Central Pivot: 2916.75; 3 Day Cycle Target: 2964.50; 10 Day Average True Range 18.50; VIX: 12.00

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Normal is for a decline measuring 7526.00. Average Range for CD1 is 92.25 handles. Odds of decline > 20 handles = 73% Odds of decline > 25 = 64%

CD1 Range High = 7650.00          CD1 Range Low = 7645.25          CD1 Range Avg = 92.25

Scenario 1: IF price holds bid above 7600, THEN upside targets 7632.75 – 7644.75 zone.

Scenario 2: IF price holds offer below 7600, THEN downside targets 7586.50 – 7581.25 zone, followed by 7565.50.

Range Projections and Key Levels (NQ) September (U) Contract

HOD  ATR Range Projection: 7689.50; LOD ATR Range Projection: 7547.50; 3 Day Central Pivot: 7534.00; 3 Day Cycle Target: 7718.25; 10 Day Average True Range: 90.00; VIX: 12.00

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 9.20.18

Markets
 
In Asia, Japan flat. Hong Kong +0.3%. China -0.1%. India closed. 
In Europe, at midday, London +0.2%. Paris +0.8%. Frankfurt +0.6%
Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +0.4% to $71.02. Gold flat at $1207.80. Bitcoin +0.1% to $6392. 
Ten-year Treasury Yield flat at 3.07%
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

8:30 Initial Jobless Claims
8:30 Philly Fed Business Outlook
10:00 Existing Home Sales
10:00 Leading Indicators
10:30 EIA Natural Gas Inventory
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

S&P 500

Today is Cycle Day 3 (CD3)…Yesterday was CD2 and we did get the expected consolidation type day as price oscillated between 2906 – 2916 range. Cycle Rally objectives have been fulfilled as bulls remains in-control, which suggests further upside advancement potential exists targeting 2928 handle.

CD3 Range High = 2935.50          CD3 Range Low = 2896.75          CD3 Range Avg = 22.50 

Scenario 1: IF price holds bid above 2914, THEN initial upside targets test of PH (2918.75), IF cleared and converted, THEN expansion levels measure 2924 – 2928 zone.

Scenario 2: IF price holds offer below 2914, THEN initial downside targets 2907 – 2905 3 Day Central Pivot Zone (3D CPZ).

Range Projections and Key Levels (ES) December (Z) Contract

HOD  ATR Range Projection: 2930.00; LOD ATR Range Projection: 2903.50; Cycle Day 1 Low: 2883.50; 3 Day Central Pivot: 2906.00; 3 Day Cycle Target: 2916.50; 10 Day Average True Range 17.00; VIX: 11.73

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Yesterday was CD2 and we did get the expected consolidation type day as price oscillated between 7475 – 7530 range. Cycle Rally objectives have been fulfilled as bulls remains in-control, which suggests further upside advancement potential exists targeting 7609.50 handle.

CD3 Range High = 7609.50         CD3 Range Low = 7459.50          CD3 Range Avg = 95.50

Scenario 1: IF price holds bid above 7515, THEN initial upside targets test of PH (7546.00), IF cleared and converted, THEN expansion levels measure 7553 – 7561.75 zone. Extreme CD3 Target measures 7609.50

Scenario 2: IF price holds offer below 7515, THEN initial downside targets 7508 – 7498.50 zone.

Range Projections and Key Levels (NQ) December (Z) Contract

HOD  ATR Range Projection: 7603.50; LOD ATR Range Projection: 7461.25; Cycle Day 1 Low: 7448.25; 3 Day Central Pivot: 7506.50; 3 Day Cycle Target: 7610.50; 10 Day Average True Range: 89.25; VIX: 11.73

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 9.19.18

Markets
 
In Asia, Japan +1.08%. Hong Kong +1.19%. China +1.14%. India -0.34%
In Europe, at midday, London +0.03%. Paris +0.28%. Frankfurt +0.19%
Futures at 6:20, Dow +0.04%. S&P -0.05%. Nasdaq +0.03%. Crude -0.03%to $69.57. Gold +0.40% to $1,207.80. Bitcoin +1% to $6,329. 
Ten-year Treasury Yield +1.1 bps to 3.059%.
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

7:00 MBA Mortgage Applications
7:00 Housing Starts
7:00 Current Account
10:30 EIA Petroleum Inventories

S&P 500

Today is Cycle Day 2 (CD2)…Price vaulted higher on CD1 to fulfill upside cycle target (2916.50) and was rejected at 2917.25 prior week’s high. This level will be marked as key resistance until such it can be converted to new upper support. Meanwhile, expectation will be for some back n fill consolidation type trade to absorb recent sharp gains. Current trader playground (12 handle range) is between 2902 – 2914.

CD2 Range High = 2931.50          CD2 Range Low = 2892.50         CD2 Range Avg = 21.50

Scenario 1: IF price holds bid above 2912, THEN upside targets a test of PH (2917.75). IF cleared and converted, THEN expansion targets 2922.50 – 2926.50 zone.

Scenario 2: IF price holds offer below 2912, THEN downside targets test of 2904 – 2902 zone. Failure of responsive bid opens door to deeper 2896 – 2894 zone.

Range Projections and Key Levels (ES) December (Z) Contract

HOD  ATR Range Projection: 2927.25; LOD ATR Range Projection: 2896.50; Cycle Day 1 Low: 2883.50; 3 Day Central Pivot: 2905.00; 3 Day Cycle Target: 2916.50; 10 Day Average True Range 18.71; VIX: 12.68

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Price vaulted higher on CD1 to fulfill upside cycle target (7560.25). This level will be marked as key resistance until such it can be converted to new upper support. Meanwhile, expectation will be for some back n fill consolidation type trade to absorb recent sharp gains. Current trader playground (70 handle range) is between 7560 – 7490.

CD2 Range High = 7603.50         CD2 Range Low = 7451.50          CD2 Range Avg = 88.50

Scenario 1: IF price holds bid above 7530, THEN upside target test of 7560 cycle target. IF cleared and converted, THEN expansion targets 7576.25 – 7603.50 zone.

Scenario 2: IF price holds offer below 7530, THEN downside targets 7500 – 7490 zone. Failure of responsive bid opens door to deeper 7460 – 7447.25 zone.

Range Projections and Key Levels (NQ) December (Z) Contract

HOD  ATR Range Projection: 7608.00; LOD ATR Range Projection: 7447.25; Cycle Day 1 Low: 7448.25; 3 Day Central Pivot: 7528.75; 3 Day Cycle Target: 7560.25; 10 Day Average True Range: 92.50; VIX: 12.68

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 9.18.18

Markets
 
In Asia, Japan +1.4%. Hong Kong +0.6%. China +1.8%. India -0.8%
In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.2%
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude +0.9% to $69.51. Gold -0.2% to $1203.20. Bitcoin +0.1% to $6258. 
Ten-year Treasury Yield flat at 3%
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

8:55 Redbook Chain Store Sales
10:00 NAHB Housing Market Index
4:00 PM Treasury International Capital

S&P 500

Today is Cycle Day 1 (CD1)…Normal is for a decline measuring 2889.75 (FULFILLED). Average Range for CD1 is 22.75 handles. Odds of decline > 10 handles = 72% Odds of decline > 20 = 42%

CD1 Range High = 2906.25        CD1 Range Low = 2880.25         CD1 Range Avg = 22.75 

Scenario 1: IF price holds bid above 2894, THEN upside targets 2904 handle, followed by 2906.25 – 2910.50 zone.

Scenario 2: IF price holds offer below 2894, THEN downside targets 2884 – 2880 zone.

Range Projections and Key Levels (ES) September (U) Contract

HOD  ATR Range Projection: 2901.75; LOD ATR Range Projection: 2885.00; 3 Day Central Pivot: 2904.50; 3 Day Cycle Target: 2912.50; 10 Day Average True Range 18.00; VIX: 13.21

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Normal is for a decline measuring 7408.75. Average Range for CD1 is 91.00 handles. Odds of decline > 20 handles = 73% Odds of decline > 25 = 64%

CD1 Range High = 7513.25          CD1 Range Low = 7439.25          CD1 Range Avg = 91.00

Scenario 1: IF price holds bid above 7458, THEN upside targets 7482 – 7485 zone.

Scenario 2: IF price holds offer below 7458, THEN downside targets 7439.25 – 7431.50 CD1 Range Violation Zone.

Range Projections and Key Levels (NQ) September (U) Contract

HOD  ATR Range Projection: 7513.50; LOD ATR Range Projection: 7399.00; 3 Day Central Pivot: 7549.25; 3 Day Cycle Target: 7485.50; 10 Day Average True Range: 91.00; VIX: 13.21

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 9.17.18

Markets
 
In Asia, Japan closed. Hong Kong -1.3%. China -1.1%. India -1.3%
In Europe, at midday, London -0.2%. Paris -0.3%. Frankfurt -0.5%
Futures at 6:20, Dow -0.2% (+0.9% W/W). S&P -0.2% (+1.2% W/W). Nasdaq -0.2% (+1.4% W/W). Crude +0.8% to $69.54. Gold +0.1% to $1202.30. Bitcoin -0.2% to $6482. 
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

8:30 Empire State Mfg Survey

S&P 500

Today is Cycle Day 3 (CD3)…Three-Day Cycle Targets have been fulfilled in prior session with today being possible “wild-card” for direction. Key Support is marked between 2903 – 2901 3D Central Pivot Zone.

CD3 Range High = 2928.50          CD3 Range Low = 2887.00          CD3 Range Avg = 24.50 

Scenario 1: IF price holds bid above 2910 handle, THEN upside targets 2915 – 2918 zone.

Scenario 2: IF price holds offer below 2910 handle, THEN downside targets 2902 – 2900 zone.

Range Projections and Key Levels (ES) September (U) Contract

HOD  ATR Range Projection: 2921.50; LOD ATR Range Projection: 2893.50; Cycle Day 1 Low: 2889.75; 3 Day Central Pivot: 2902.00; 3 Day Cycle Target: 2916.50; 10 Day Average True Range 17.75; VIX: 12.61

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Three-Day Cycle Targets have been fulfilled in prior session with today being possible “wild-card” for direction. Key Support is marked between 7556.25 – 7549.75 3D Central Pivot Zone.

CD3 Range High = 7602.50         CD3 Range Low = 7522.75          CD3 Range Avg = 101.00

Scenario 1: IF price holds bid above 7575 handle, THEN upside targets 7595 – 7610.50 zone.

Scenario 2: IF price holds offer below 7575 handle, THEN downside targets 7556.25 – 7549.75 zone, followed by 7530 – 7520 zone.

Range Projections and Key Levels (NQ) September (U) Contract

HOD  ATR Range Projection: 7636.25; LOD ATR Range Projection: 7489.00; Cycle Day 1 Low: 7496.75; 3 Day Central Pivot: 7553.00; 3 Day Cycle Target: 7610.50; 10 Day Average True Range: 85.50; VIX: 12.61

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 9.14.18

Markets
 
In Asia, Japan +1.2%. Hong Kong +1%. China -0.2%. India +1%
In Europe, at midday, London +0.3%. Paris +0.3%. Frankfurt +0.3%
Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.4%. Crude +0.3% to $68.77. Gold +0.2% to $1210.70. Bitcoin -0.6% to $6447. 
Ten-year Treasury Yield +2 bps to 2.98%
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

8:30 Retail Sales
8:30 Import/Export Prices
9:00 Fed’s Evans: Monetary Policy and Economic Outlook
9:15 Industrial Production
10:00 Business Inventories
10:00 Consumer Sentiment
1:00 PM Baker-Hughes Rig Count

S&P 500

Today is Cycle Day 2 (CD2)…Rally as reasserted itself during the overnight trade following temporary pause in prior session. Price is nearing CD2 Penetration Level (2913.00) with additional upside targets between 2916 – 2921 zone.

***NOTE: Contract Rollover has begun to December (Z) from September (U)

CD2 Range High = 2925.50          CD2 Range Low = 2890.50         CD2 Range Avg = 21.50

Scenario 1: IF price holds bid above 2906 handle, THEN upside targets range between 2912 – 2916 zone, with extension to 2921 range high projection.

Scenario 2: IF price holds offer below 2906 handle, THEN downside targets 2903 down to 2898 – 96 key support zone.

Range Projections and Key Levels (ES) December (Z) Contract

HOD  ATR Range Projection: 2921.50; LOD ATR Range Projection: 2893.50; Cycle Day 1 Low: 2889.75; 3 Day Central Pivot: 2890.00; 3 Day Cycle Target: 2916.50; 10 Day Average True Range 19.00; VIX: 12.13

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Rally as reasserted itself during the overnight trade following temporary pause in prior session. Price is nearing CD2 Penetration Level (7593.00) with additional upside targets between 7611 – 7631 zone.

***NOTE: Contract Rollover has begun to December (Z) from September (U)

CD2 Range High = 7647.50         CD2 Range Low = 7510.75          CD2 Range Avg = 88.00

Scenario 1: IF price holds bid above 7565 handle, THEN upside targets between 7583 – 7611 zone, followed by 7631.

Scenario 2: IF price holds offer below 7565 handle, THEN downside targets 7546.50, followed by 7525 – 7510 zone.

Range Projections and Key Levels (NQ) December (Z) Contract

HOD  ATR Range Projection: 7649.00; LOD ATR Range Projection: 7510.00; Cycle Day 1 Low: 7496.75; 3 Day Central Pivot: 7501.00; 3 Day Cycle Target: 7611.00; 10 Day Average True Range: 89.00; VIX: 12.13

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 9.13.18

Markets
 
In Asia, Japan +1%. Hong Kong +2.5%. China +1.2%. India +0.8%
In Europe, at midday, London -0.3%. Paris +0.2%. Frankfurt +0.5%
Futures at 6:20, Dow +0.2%. S&P +0.3%. Nasdaq +0.6%. Crude -1.3% to $69.45. Gold -0.1% to $1210.30. Bitcoin +1.7% to $6434. 
Ten-year Treasury Yield flat at 2.97%
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

8:30 Initial Jobless Claims
8:30 Consumer Price Index
10:30 EIA Natural Gas Inventory
12:30 PM Fed’s Bostic: Economic Outlook and Monetary Policy
1:00 PM Results of $15B, 30-Year Note Auction
2:00 PM Treasury Budget
4:30 PM Money Supply
4:30 PM Fed Balance Sheet

S&P 500

Today is Cycle Day 1 (CD1)…Normal is for a decline measuring 2872.75. Average Range for CD1 is 23.00 handles. Odds of decline > 10 handles = 72% Odds of decline > 20 = 42%

CD1 Range High = 2908.25        CD1 Range Low = 2871.75         CD1 Range Avg = 23.00 

Scenario 1: IF price holds bid above 2890 handle, THEN upside targets 2895.25. Conversion of this level opens skylight to expand higher measuring 2900, followed by 2903 – 2908 zone.

Scenario 2: IF price holds offer below 2890 handle, THEN downside targets 2880 – 2876 zone.

Range Projections and Key Levels (ES) September (U) Contract

HOD  ATR Range Projection: 2903.75; LOD ATR Range Projection: 2876.25; 3 Day Central Pivot: 2883.75; 3 Day Cycle Target: 2913.50; 10 Day Average True Range 19.25; VIX: 12.73

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 1 (CD1)…Normal is for a decline measuring 7444.50. Average Range for CD1 is 91.50 handles. Odds of decline > 20 handles = 73% Odds of decline > 25 = 64%

CD1 Range High = 7561.50          CD1 Range Low = 7424.00          CD1 Range Avg = 91.50

Scenario 1: IF price holds bid above 7473 handle, THEN upside targets 7521.00 – 7533.50 zone.

Scenario 2: IF price holds offer below 7473 handle, THEN downside targets 7444.50 – 7425 zone.

Range Projections and Key Levels (NQ) September (U) Contract

HOD  ATR Range Projection: 7559.75; LOD ATR Range Projection: 7428.00; 3 Day Central Pivot: 7472.25; 3 Day Cycle Target: 7583.75; 10 Day Average True Range: 88.50; VIX: 12.73

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 9.12.18

Markets
 
In Asia, Japan -0.2%. Hong Kong -0.3%. China -0.3%. India +0.8%
In Europe, at midday, London flat. Paris +0.6%. Frankfurt +0.2%
Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.2%. Crude +0.8% to $69.79. Gold flat at $1201.70. Bitcoin -0.7% to $6279. 
Ten-year Treasury Yield -1 bps to 2.96%
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

7:00 MBA Mortgage Applications
8:30 Producer Price Index
10:00 Atlanta Fed’s Business Inflation Expectations
10:30 EIA Petroleum Inventories
12:45 PM Fed’s Reserve Gov. Lael Brainard: Economic and Monetary Policy Outlook
1:00 PM Results of $23B, 10-Year Note Auction
2:00 PM Fed’s Beige Book

S&P 500

Today is Cycle Day 3 (CD3)…Price is consolidating at higher prices in overnight trade following normal Cycle Day 2 Rally. Current support marker is 2884 – 86 zone. Potential remains to continue higher targeting 2900 3 Day Cycle Target.

CD3 Range High = 2910.75          CD3 Range Low = 2870.50          CD3 Range Avg = 24.50 

Scenario 1: IF price holds bid above 2886, THEN upside targets 2896, followed by 2900 – 2906 zone.

Scenario 2: IF price holds offer below 2886, THEN downside targets 2878 – 2876 zone.

Range Projections and Key Levels (ES) September (U) Contract

HOD  ATR Range Projection: 2906.00; LOD ATR Range Projection: 2875.50; Cycle Day 1 Low: 2873.25; 3 Day Central Pivot: 2879.50; 3 Day Cycle Target: 2900.00; 10 Day Average True Range 19.81; VIX: 13.22

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 3 (CD3)…Price is consolidating at higher prices in overnight trade following normal Cycle Day 2 Rally. Current support marker is 7500- 7503 zone. 3-Day Cycle Target 7528.00 has been fulfilled negating the prior failed cycle.

CD3 Range High = 7602.25         CD3 Range Low = 7441.75          CD3 Range Avg = 99.25

Scenario 1: IF price holds bid above 7510, THEN upside targets 7555.25, followed by 7593 range projection.

Scenario 2: IF price holds offer below 7510, THEN downside targets 7488 handle, followed by 7475 – 7465 zone.

Range Projections and Key Levels (NQ) September (U) Contract

HOD  ATR Range Projection: 7592.75; LOD ATR Range Projection: 7451.27; Cycle Day 1 Low: 7414.00; 3 Day Central Pivot: 7458.25; 3 Day Cycle Target: 7528.00; 10 Day Average True Range: 90.00; VIX: 13.22

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 9.11.18

Markets
 
In Asia, Japan +1.26%. Hong Kong -0.72%. China -0.18%. India -1.34%
In Europe, at midday, London -0.65%. Paris -0.13%. Frankfurt -0.50%
Futures at 6:20, Dow -0.42%. S&P -0.26%. Nasdaq -0.28%. Crude +0.09%to $67.60. Gold -0.07% to $1,199. Bitcoin +0.81% to $6,346. 
Ten-year Treasury Yield +1.8 bps to 2.957%.
 
(Source: Seeking Alpha)
 
Economic Calendar

http://mam.econoday.com/

6:00 NFIB Small Business Optimism Index
8:55 Redbook Chain Store Sales
10:00 Job Openings and Labor Turnover Survey
10:00 Wholesale Trade
1:00 PM Results of $35B, 3-Year Note Auction

S&P 500

Today is Cycle Day 2 (CD2)…Overnight bounce failed to get traction and price has fallen back down trading below prior value area and testing 2873 Cycle Day 1 Low. Violation and conversion of this level opens door to 2866.50 range low.

CD2 Range High = 2893.75          CD2 Range Low = 2862.50         CD2 Range Avg = 22.50

Scenario 1: IF price holds bid above 2880 handle, THEN upside targets 2885 – 2890 zone.

Scenario 2: IF price holds offer below 2880 handle, THEN downside targets 2873 – 2870 zone, followed by 2866.50 – 2861 CD2 range extremes

Range Projections and Key Levels (ES) September (U) Contract

HOD  ATR Range Projection: 2890.00; LOD ATR Range Projection: 2866.50; Cycle Day 1 Low: 2873.25; 3 Day Central Pivot: 2878.25; 3 Day Cycle Target: 2900.00; 10 Day Average True Range 18.50; VIX: 14.31

Click Here

Nasdaq 100 (NQ)

Today is Cycle Day 2 (CD2)…Overnight bounce failed to hold and price has faded back into prior session value area. Violation and conversion of 7430 opens door to deeper decline.

CD2 Range High = 7518.25         CD2 Range Low = 7400.00          CD2 Range Avg = 87.00

Scenario 1: IF price holds bid above 7440 handle, THEN upside targets 7460 – 7467 zone.

Scenario 2: IF price holds offer below 7440 handle, THEN downside targets test of 7414.00 Cycle Day 1 Low. 

Range Projections and Key Levels (NQ) September (U) Contract

HOD  ATR Range Projection: 7514.50; LOD ATR Range Projection: 7403.50; Cycle Day 1 Low: 7414.00; 3 Day Central Pivot: 7454.25; 3 Day Cycle Target: 7477.50; 10 Day Average True Range: 83.00; VIX: 14.31

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