S&P 500 (ES)
Prior Session was Cycle Day 2: Overnight decline found responsive buyers at the D-Level Money Box Zone, reversing price, igniting the rally which stabilized price, in a textbook CD2 balancing/consolidation day.
Price traded within a 2 Sigma Band outlined in prior DTS Briefing 5.22.25.
Range was 66 handles on 1.356M 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 5.22.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is above the CD1 Low (5847.75) as of the prior close. Trading above this level during the RTH Session will satisfy the Positive 3-Day Cycle Statistic, which has an 89.92% historical performance track record.
Additional upside cycle targets remain open (5893…5903…5912) should price continue the rally,
Violation of the CD1 Low (5847.75) and conversion to lower resistance will open the trap door for further risk-off liquidation ahead of the long Memorial Day Holiday.
Trading is expected to become fairly thin for Friday afternoon, as traders will be exiting for the weekend.
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 5850+-, initially targets 5875 – 5890 zone.
Bear Scenario: Price sustains an offer below 5850+-, initially targets 5830 – 5825 zone.
PVA High Edge = 5878 PVA Low Edge = 5854 Prior POC = 5875
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 2: Overnight decline successfully tested the CD1 Low (21072.75) finding a buy response which ignited a rally fulfilling DTS Briefing’s 21250 – 21320 target zone perfectly. The remainder of the session was a CD2 “normal” with two-way balancing/consolidation rhythms. Range was 297 points on 508k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is above the CD1 Low (21072.75) as of the prior close. Trading above this level during the RTH Session will satisfy the Positive 3-Day Cycle Statistic, which has an 89.92% historical performance track record.
Additional upside cycle targets remain open (21337…21438…21559) should price continue the rally,
Levels to be mindful on a retracement lower would be but not limited to: 21050…21100…20905.
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 21180+-, initially targets 21250 – 21300 zone.
Bear Scenario: Price sustains an offer below 21180+-, initially targets 21050 – 21000 zone.
PVA High Edge = 21280 PVA Low Edge = 21165 Prior POC = 21180
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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CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN