S&P 500 (ES)
Prior Session was Cycle Day 2: This session began as a normal CD2 throughout the AM Session. Lunchtime break saw an incredible explosive upside reactive (nuclear) response to a TTB (Tariff Tape Bomb).
This session was truly historic with an astounding 648 handle (@ES) range with markets vaulting nearly 10%. EN FUEGO!
Reframing Negative Beliefs into Empowering Ones
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 4.9.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price closed near the HOD (5520) with strong bullish momentum spill-over into this session, has potential to extend much higher into cycle statistical extreme levels.
This becomes a very complex environment to assess,. Buy the Dip? Sell the Rip? Acceptance / Rejection Levels? Lots of questions, no clear answers. Keep Calm and we’ll be just fine.
On thing is certain…V-O-L-A-T-I-L-I-T-Y is quickly becoming a “household” term, even to Main-Streeter’s.
Table to the right displays the S&P 500’s 20 best and worst days since 1990. 3rd best on record. Source: @zerohedge
Please refer to the Price Limits page at the CME Group >> https://www.cmegroup.com/trading/price-limits.html
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 5500+-, initially targets 5605 – 5675 zone.
Bear Scenario: Price sustains an offer below 5500+-, initially targets 5390 – 5350 zone.
PVA High Edge = 5387 PVA Low Edge = 4882 Prior POC = 5032
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 2: Range for this session was an incredible 2652 handles on 1.054M contracts exchanged. Algorithmic price change was so fast even the Stop-Watch was running behind.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price closed near the HOD (19386.75) with strong bullish momentum spill-over into this session, has potential to extend much higher into cycle statistical extreme levels.
This becomes a very complex environment to assess,. Buy the Dip? Sell the Rip? Acceptance / Rejection Levels? Lots of questions, no clear answers. Keep Calm and we’ll be just fine.
Please refer to the Price Limits page at the CME Group >> https://www.cmegroup.com/trading/price-limits.html
Risk Management is paramount, so be sure to review your trading plan to confirm safe-guards.
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 19355+-, initially targets 19745 – 20108 zone.
Bear Scenario: Price sustains an offer below 19355+-, initially targets 18875 – 18670 zone.
PVA High Edge = 18670 PVA Low Edge = 16735 Prior POC = 17420
NQM
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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