The 93.01% Positive 3-Day Cycle statistic finally met the other 6.99%.
ES entered Cycle Day 3 with one primary mission: reclaim the Cycle Day 1 Low at 7712 and neutralize the Cycle Day 2 true gap lower.
The Bulls made attempts, but 7712 remained the line they simply could not clear and convert. Without acceptance back above the CD1 Low, the Positive 3-Day Cycle requirement remained unsatisfied.
That failure kept sellers in control and opened the door for continued downside pressure and long liquidation, producing a rare Failed 3-Day Cycle.
🎯 PTG Takeaway
Probability is not prophecy.
The 93.01% historical edge told us what normally happens. Price told us what was actually happening.
No reclaim of 7712 → no positive cycle completion → Failed 3-Day Cycle.
And somewhere in the statistical basement, the 6.99% Bears finally got their day in the sun. 🐻
Respect the statistics. Respect price more.
Yours Truly is currently on vacation, so reports will be more abbreviated.
Trade Well…PTGDavid
