Today’s DTS will be an abbreviated version as I am traveling Thursday and will be absent from Trading Room.
Bullish Structure remains solidly intact as price probed down to anticipated support 2026 – 2028 zone…See Wednesday’s DTS: Trade Strategy 11.12.14 The current cycle rally began, and is anticipated to reach Cycle Target zone between 2044.25 – 2047.25.
Thursday is Cycle Day 2 (CD2)…Odds of rally > 10 = 84%; Odds of Rally > 20 = 45%; Average Range on CD2 = 14.50; Max Range = 22.50; Possible High = 2047.25 based upon converting CD1 high; Possible Low = 2025.25 based upon Range Parameters.
***Note: The odds highlighted are NOT predictions or trade recommendations, rather a guide based upon historical observed occurrences.
Scenario 1: IF price clears and converts PDH (2037.25), there is a 57% chance of reaching 2041.25 Breakout Level 1, followed by 2044.25 – 2047.25 Range Cycle Projections.
Scenario 2: Failure to expand range suggests additional period of price consolidation…Level to be mindful of are 2033.75 – 2031.75 3D CPZ…Cycle Day 1 Low 2026.75…TargetMaster Range Breakdown Target 2025.25.
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!
I am courageous and I always act, even in the face of uncertainty and possible loss. Do not say, no fear. Feel the fear and act anyway. I may be frightened, but I still saddle up. I am not reckless. I act promptly in accordance with my methodology. I respect my calculations. I have a healthy respect and I balance that respect with my courage. I am an explorer. I am on a hero’s journey.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS