S&P 500 (ES)
Prior Session was Cycle Day 2: Normal CD2 unfolded with price producing a well-balanced Delta-Shaped Profile. Range was 35 points on 1.141M contracts exchanged.
D-shaped profiles occur when there is a temporary balance in a market. The Point of Control (POC) is typically located in the center of the profile indicating a balance between buyers and sellers
Some traders might interpret a D-shaped profile as a choppy or sideways market that lacks a clear direction – since neither buyers nor sellers were more aggressive.
However, patient order flow traders might seek out D-shaped Volume Profiles in anticipation of a potential breakout in either direction as institutional players build up their positions.
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 5.14.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is safely above the CD1 Low (5835.75) reference to secure a Positive Three-Day Cycle.
Levels to be mindful on a retracement lower would be but not limited to: 5875…5855…5835.
Economic reports today which may have market impact are Initial Jobless Claims, Philly Fed Manufacturing, & Producer Price Index (PPI). Also on deck is Fed Chairman Jay Powell’s speech.
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 5895+-, initially targets 5920 – 5930 zone.
Bear Scenario: Price sustains an offer below 5895+-, initially targets 5875 – 5855 zone.
PVA High Edge = 5920 PVA Low Edge = 5895 Prior POC = 5908
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 2: Normal CD2 unfolded with price producing a well-balanced Delta-Shaped Profile. Range was 181 points on 504k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is safely above the CD1 Low (5835.75) reference to secure a Positive Three-Day Cycle.
Key Levels to watch for next direction move are 5890 – 5925.
Levels to be mindful on a retracement lower would be but not limited to: 21285…21240…21214.
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 21340+-, initially targets 21390 – 21420 zone.
Bear Scenario: Price sustains an offer below 21340+-, initially targets 21295 – 21245 zone.
PVA High Edge = 21390 PVA Low Edge = 21315 Prior POC = 21340
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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