Trade Strategy 11.12.14

Slow Trade Session with compressed range, below average volumes and Bond Market closure marked the Veterans’ Day Holiday. Having reached initial Cycle Targets at 2038.50, price could not find new aggressive buyers beyond that level, so we will mark prior day high as more important high as it came on Cycle Day 3.

Today is Cycle Day 1 (CD1), which typically is a weak session as price probes lower to find a new secure low. Odds of Decline > 10 = 71%; Odds of Decline > 10 = 41 %; Average Range = 18.75; Max Range = 22.00; Possible High = 2047.50 based upon converting CD3 high; Possible Low = 2017.25 based upon Average Decline on CD1; TargetMaster Range Parameters = 2047.00 – 2026.00

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

Today’s Hypotheses:

Scenario 1: IF price clears and converts PDH (2039.00), THEN there is a 55% chance of price expansion upwards to 2043.50, then 2046.25 – 2048.50 STATX Zone.

Scenario 2: Since today is Cycle Day 1, expectations will favor price probing lower to find a new secure low…Key levels to be mindful of are: 2031.50 – 2030 3DCPZ…2028 – 2026 High Volume Node Zone, followed by 2026.00 – 2024.50 Range Parameter.

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 of 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

Habitude Ten
I know anything can happen, and I can handle anything that does happen. I am open minded. My thoughts and perceptions are clear. I know what to look for. I have rehearsed everything. I adapt to change. I will listen to my indicators and the patterns that emerge. I will adjust and not demand that things continue as they first started.


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