S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price rallied 117 pts (77.88%) closing near highs of the day. Momentum may take price higher before the next decline begins.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 4.29.25
Range for this session was 75 handles on 1.166M contracts exchanged..
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact and levels are now beginning to encompass the recent spike in Average True Range (118).
Today begins a new cycle with the Average Decline projection measuring 5441.50.
Prior session closed just off the high of day (5597.25) with bulls maintaining control, as Value Area continues to migrate higher, which is a bullish structural development.
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 5575+-, initially targets 5607 – 5617 zone.
Bear Scenario: Price sustains an offer below 5575+-, initially targets 5560– 5550 zone.
PVA High Edge = 5591 PVA Low Edge = 5551 Prior POC = 5586
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle Statistic (89%) was satisfied as price continued to rally closing just of the HOD (19688.50), Dips buyers continued to be active as both lower and upper target zones were fulfilled as outlined in the prior DTS Briefing 4.29.25. Range for this session was 310 handles on 561k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact and levels are now beginning to encompass the recent spike in Average True Range (520).
Today begins a new cycle with the Average Decline projection measuring 19000.
Keep grinding the wheel everyone and make forward progress.
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 19585+-, initially targets 19675 – 19730 zone.
Bear Scenario: Price sustains an offer below 19585+-, initially targets 19510 – 19445 zone.
PVA High Edge = 19610 PVA Low Edge = 19445 Prior POC = 19560
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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