S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as this rally surpassed targets achieving 130.04% (126 pts) versus rally average (96.89 pts). Range and volume for this cycle day were muted, ahead of the President’s Day Holiday (Monday 17, Feb). Range for this session was 25 handles on 964k 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 2.14.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: NOTE: NYSE is closed in observance of President’s Day. Futures are open for shortened session closing at 1:15 et.
Expectation is for narrow range and muted volume. So DO NOT push the string for this session.
CD1 Average Range = 71 Average Decline = 61
Odds of Decline > 10 = 79% Odds of Decline > 20 = 56%
Question I receive often: Does this holiday session still count as a cycle day?
Answer: YES!…We track the 3 Day Cycle via futures as proxy; As such today will count as Cycle Day 1. That said, because of the holiday, the normal ranges seen on this cycle day will typically be extremely narrow. We simply take this into account and continue with the normal cycle sequence. Reason is one day has a negligible effect on the broader cycle dynamics, since we focus on the 20 cycle average range levels.
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 6135+-, initially targets 6145 – 6150 zone.
Bear Scenario: Price sustains an offer below 6135+-, initially targets 6120 – 6115 zone.
PVA High Edge = 6140 PVA Low Edge = 6131 Prior POC = 6135
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as this rally surpassed targets. Range and volume for this cycle day were muted, ahead of the President’s Day Holiday (Monday 17, Feb). Range for this session was 182 handles on 429k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: NOTE: NYSE is closed in observance of President’s Day. Futures are open for shortened session closing at 1:15 et.
Expectation is for narrow range and muted volume. So DO NOT push the string for this session.
CD1 Average Range = 370 Average Decline = 321
Odds of Decline > 20 = 82% Odds of Decline > 25 = 76%
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 22156+-, initially targets 22272 – 22295 zone.
Bear Scenario: Price sustains an offer below 22156+-, initially targets 22089 – 22075 zone.
PVA High Edge = 22171 PVA Low Edge = 22099 Prior POC = 22131
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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