S&P 500 (ES)
Prior Session was Cycle Day 2: GLOBEX opening gap lower fulfilled briefing’s 6020 – 6015 target zone, whereby BTFD buyer’s stepped-in taking advantage of the price weakness. RTH opening gap higher continued the rally fulfilling upside targets outlined in the DTS Briefing 2.10.25. Range for this session was 82 handles on 961k 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 2.10.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Initial cycle objective 6085 has been achieved, with further upside potential open, targeting 6110 – 6120 zone and the ultimate target of 6140.
Traders are in a “holding-pattern” ahead of the all-important Consumer Price Index (CPI) print on Wednesday. Below is a preview of expectations.
Corporate earnings will also continue to be a core focus of portfolio managers, analysts, with the occasional Trump Tape Bomb (TTB) that will continue to add “spice” to the trading rhythms.
Upcoming US CPI Report: Market Expectations and Implications
The upcoming Consumer Price Index (CPI) report, scheduled for release on February 12, 2025, is anticipated to show that inflation remained relatively stable in January. Market forecasts suggest a 0.3% month-over-month increase in the headline CPI, slightly below December’s 0.4% rise, maintaining the year-over-year rate at approximately 2.9%.
Core CPI, which excludes volatile food and energy prices, is also expected to rise by 0.3% month-over-month, with a year-over-year increase of 3.1%, down from 3.2% in December.
These projections indicate that while inflation has moderated from its mid-2022 peak of 9.1%, it remains above the Federal Reserve’s 2% target. Factors such as recent tariff implementations and a strong labor market, evidenced by low unemployment and robust wage growth, could contribute to persistent inflationary pressures.
Investors are closely monitoring these developments, as higher-than-expected inflation could influence Federal Reserve policy decisions, potentially delaying anticipated interest rate cuts.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
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 6075+-, initially targets 6095 – 6105 zone.
Bear Scenario: Price sustains an offer below 6075+-, initially targets 6060 – 6055 zone.
PVA High Edge = 6093 PVA Low Edge = 6079 Prior POC = 6088
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 2: GLOBEX opening gap lower fulfilled briefing’s 21440 target, whereby BTFD buyer’s stepped-in taking advantage of the price weakness. Range for this session was 476 handles on 385k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Initial cycle objective 21711 has been achieved, with further upside potential open, targeting 21950 – 22023 zone and the ultimate target of 22088.50.
Traders are in a “holding-pattern” ahead of the all-important Consumer Price Index (CPI) print on Wednesday.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
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 21775+-, initially targets 21895 – 21950 zone.
Bear Scenario: Price sustains an offer below 21775+-, initially targets 21705 – 21655 zone.
PVA High Edge = 21886 PVA Low Edge = 21782 Prior POC = 21866
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