S&P 500 (ES)
Prior Session was Cycle Day 3: Failed Three-Day Cycle as price continued to “spill-over” from Friday’s weakness, selling down to the Cycle Day 1 Average Decline Projection Target (5823). Once the sellers were absorbed down to 5809 (PL), buyers regained control, reclaiming the 5823 level shifting the lean (bias) back to the longs, producing an afternoon rally and closing near highs of the day. Range for this session was 74 handles on 1.698M 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 1.13.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Normal for CD1 is to establish a new cycle low from which to stage the next rally. The projected decline (5823) for this day was fulfilled during CD3 spill-down, offering nimble traders a Long Call opportunity.
The official CD1 Low has yet to be printed, so opportunity to establish long plays on weakness continue to be monitored.
BIG week on the economic calendar as the latest PPI & CPI reports are released.
PTG does not make predictions…We only expect Mr. Market to offer an endless stream of opportunities to implement our trade strategies.
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 5875+-, initially targets 5895 – 5905 zone.
Bear Scenario: Price sustains an offer below 5875+-, initially targets 5860 – 5855 zone.
PVA High Edge = 5855 PVA Low Edge = 5814 Prior POC = 5831
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Failed Three-Day Cycle as price continued to “spill-over” from Friday’s weakness, selling down to the Cycle Day 1 Average Decline Projection Target (20736). Once the sellers were absorbed buyers regained control, reclaiming the 20736 level shifting the lean (bias) back to the longs, producing an afternoon rally and closing near highs of the day. Range for this session was 343 handles on 606k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Normal for CD1 is to establish a new cycle low from which to stage the next rally. The projected decline (20736) for this day was fulfilled during CD3 spill-down.
The official CD1 Low has yet to be printed, so opportunity to establish long plays on weakness continue to be monitored.
BIG week on the economic calendar as the latest PPI & CPI reports are released.
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 21023+-, initially targets 21095 – 21130 zone.
Bear Scenario: Price sustains an offer below 21023+-, initially targets 20950 – 20915 zone.
PVA High Edge = 20889 PVA Low Edge = 20742 Prior POC = 21764
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.
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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