S&P 500 (ES)
Prior Session was Cycle Day 1: In prior DTS Briefing 1.27.25 we wrote: “***Caution is now warranted on new long-biased swing positions as recent buyers are weakening. Key Daily Support Level is marked at 6111. Should that level break, expectation would be for a deeper decline.”
Headline Risk (i.e. “Tape Bombs”) appear to be back in vogue, as
Range for this session was 157 handles on 2.286M 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 1.27.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Price has established a new cycle low at 5948 from which to rally over the next few sessions.
The late day “relief-bid” rally has already elevated price to fulfill the cycle target (6052.50). Normal for CD2 is to balance/consolidate prior sharp selloff.
There is plenty of room for price movement within the context of the sharp break lower and subsequent late date bounce.
This week is filled with potentially headline moving topics: FOMC, Tariff Risk, and Earnings Reports.
Nothing changes for PTG…Simply follow your plan.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
****We’ll mark both 6035 and 6015 as “dual” initial Line in the Sand with the flexibility of adjusting accordingly to market generated information.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 6035+-, initially targets 6065 – 6070 zone.
Bear Scenario: Price sustains an offer below 6015+-, initially targets 6005 – 5995 zone.
PVA High Edge = 6044 PVA Low Edge = 6014 Prior POC = 6026
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 1: Headline Risk (i.e. “Tape Bombs”) appear to be back in vogue, as Range for this session was 1007 handles on 1034 contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Price has established a new cycle low at 20763.75 from which to rally over the next few sessions.
The late day “relief-bid” rally has already elevated price to fulfill the cycle target (21289.50). Normal for CD2 is to balance/consolidate prior sharp selloff.
There is plenty of room for price movement within the context of the sharp break lower and subsequent late date bounce.
This week is filled with potentially headline moving topics: FOMC, Tariff Risk, and Earnings Reports.
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 21245+-, initially targets 21350 – 21420 zone.
Bear Scenario: Price sustains an offer below 21245+-, initially targets 21155 – 21100 zone.
PVA High Edge = 21290 PVA Low Edge = 21155 Prior POC = 21245
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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