S&P 500 (ES)

Prior Session was Cycle Day 1: Markets were closed for the RTH Session for National Day of Mourning in honor of the late former President Jimmy Carter. It was still a normal CD1 as price declined during GLOBEX with short-term control in the Bear Camp. Range for this session was 58 handles on 1.701M contracts exchanged.

FREE TRIAL link to PTG/Taylor Three Day Cycle

For a more detailed recap of the trading session, click on this link: Trading Room RECAP 1.8.25

 …Transition from Cycle Day 1 to Cycle Day 2

Transition into Cycle Day 2: Price weakness isn-place and is anticipated to spill-over into today’s CD2 Session.

Non-Farm Payrolls report takes center stage for market reactive rhythm.  Forecasters predict the U.S. created a modest 155,000 new jobs in the final month of 2024.  The economy added 227,000 jobs in November. The unemployment rate is forecast to be unchanged at 4.2%.

 

Market is in a multi-day trading range between 5880 – 6100 (FOMC). The driving theme is “buy the dips and sell the rips” rhythms.

This is what is classified as a “traders market” with manageable volatility and intra-day swings that offer the nimble trader plethora of “profitunities.” Embrace the rhythms and be sure to play your A-Game, meaning the very best structural setups.

Nothing changes for PTG…Simply follow your plan.

PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.

As such, scenarios to consider for today’s trading. 

Bull Scenario: Price sustains a bid above 5930+-, initially targets 5945 – 5950 zone. 

Bear Scenario: Price sustains an offer below 5930+-, initially targets 5910 – 5900 zone.

PVA High Edge = 5961     PVA Low Edge = 5940         Prior POC = 5950

   ES (Profile)

 

Nasdaq (NQ)

Prior Session was Cycle Day 1: Markets were closed for the RTH Session for National Day of Mourning in honor of the late former President Jimmy Carter. It was still a normal CD1 as price declined during GLOBEX with short-term control in the Bear Camp. Range for this session was 282 handles on 626k contracts exchanged.

 …Transition from Cycle Day 1 to Cycle Day 2

Transition into Cycle Day 2: Price weakness is in-place and is anticipated to spill-over into today’s CD2 Session.

Market is in a multi-day trading range between 21000 – 22400. The driving theme is “buy the dips and sell the rips” rhythms.

 

This is what is classified as a “traders market” with manageable volatility and intra-day swings that offer the nimble trader plethora of “profitunities.” Embrace the rhythms and be sure to play your A-Game, meaning the very best structural setups.

Nothing changes for PTG…Simply follow your plan.

PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.

As such, scenarios to consider for today’s trading. 

Bull Scenario: Price sustains a bid above 21200, initially targets 21300 – 21315 zone. 

Bear Scenario: Price sustains an offer below 21200, initially targets 21125 – 21090 zone.

PVA High Edge = 21390     PVA Low Edge = 21302         Prior POC = 21315

NQ (Profile)

 Economic Calendar

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.” –BR

*****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