Trade Strategy 04.10.15

Morning Session price weakness which successfully retested Cycle Day 1 (CD1) Low (2066.75) for surety lead to Afternoon Session Rally pushing price to close (2087.00) just shy of our projected 2088.25 Max Average Range Price Target.

Today begins a new Cycle Day 1 (CD1)…Normally we would be anticipating a decline at some point, but with price closing on the high of day, bullish momentum may push price higher before a decline begins. We will continue to favor Longs until there are clear signs of price weakness and reversal.

Odds of Decline > 10 = 71%; Odds of Decline > 20 = 20%; Average Range = 18.75; Max Average Range = 22.00; Possible High = 2098 based upon average penetration above CD3 high; Possible Low = 2068.25 based upon average range below CD3 high.

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

TMXZ 04.10.15


Today’s Hypotheses: June (M) Contract

Scenario 1: Price closed on the HOD (2087.00) with strong momentum, so expectation is for continued strength above PH initially targeting 2090.25 – 2092.50 STATX Zone. Above this zone measures 2095.50 – 2098.00 penetration target. TargetMaster Range Breakout Level is 2104.00

Scenario 2: Failure to successfully convert above PH (2087.00) and subsequent violation of 2083.00 projects a pullback to 2080 handle. Further weakness below this level targets 3D CPZ (2076.50 – 2074.50). TargetMaster Range Breakdown Level is 2068.00.

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

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