📈 PTGDavid Market Recap: May 21, 2025 – “Soap Bars, Stop Losses, and Sweet Mama Jones”
Today’s session with PTGDavid was a high-voltage Cycle Day 1 affair packed with tactical insights, timely trade calls, and his signature blend of market wisdom and deadpan humor. Here’s the distilled essence:
🔥 Market Overview & Key Events
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VIX Expiration (AM 9:30 EST): Marked the close of an OPEX-induced short thesis window—key timing event for market positioning.
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SPX Zones:
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Resistance: 6000–6025 (Long-term topping zone called at ~5900–6000)
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Support: Downside staircase from 5925 to 5300; below that, gamma influence fades.
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Big Levels Called:
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Key Bull Zone: 5930–5935
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Put Wall: 5892 — briefly blown through, then eyed for reclaim.
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Defend Level: 5870 — “Pass the soap bar,” he joked, as bulls were slipping.
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🧠 Trade Highlights
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Trifecta Day: NQ, CL, and ES setups all hit multi-target wins via the Open Range Strategy.
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Gap Fill Recovery: After a strong morning, price reversed post-lunch, wiping gains and retracing to the Opening Range.
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CD1 Targets:
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Decline Target: 5836.34
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Range Low Projection: 5825.84
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🗣️ Quotes to Frame
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“Your job is not to win.” — David on mindset, reminding traders it’s about following structure, not ego.
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“Stop losses are like missed approaches when flying… No thinking, just doing.” — Emphasizing disciplined exits with aviation-grade seriousness.
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“Sweet Mama Jones” — We’re not sure who she is, but we’d bet she runs tight risk controls.
🧩 Educational Takeaway
Discipline isn’t optional—it’s procedural.
PTGDavid likens stop losses to flight safety protocols: automatic, non-negotiable, and crucial for survival. The real edge isn’t in the setup—it’s in executing the full plan. Emotional attachment to trades blinds structure-based re-entries and amplifies damage. “Honor thy stops”, as he says, lest thy capital wander into the abyss.
Today’s Chart Tagline:
“From Trifecta Glory to Vaporized Gains — All in a Cycle Day’s Work.”