S&P 500 (ES)
Prior Session was Cycle Day 1: Holiday shortened session provided bears with the ammo to push price lower, establishing a new cycle low @ 5969.50.
This price will be used to measure the performance of this cycle’s rally.
Contract rollover is effectively complete to September (U), so with FOMC on the back burner, focal attention will now shift to the ongoing Israel / Iran Conflict.
Range for this session was 68 handles on 228k.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 6.18.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: This cycle’s rally has already begun with an GLOBEX opening gap up. Bulls will now need to reclaim/recover the 6018 low, followed by 6030 to secure a dominant shift in the structural dynamic.
Bulls have lots of ground to recover given that the cash markets were closed, so the ball is in their control to end the week with a solid session.
OPEX is also on deck for today’s session, so check in with the Gamma Guys for the outlook. This expiration has over $1T (trillion) in gamma expiring, so the impact may be significant!.
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 6018+-, initially targets 6030 – 6040 zone.
Bear Scenario: Price sustains an offer below 6018+-, initially targets 6000 – 5990 zone.
PVA High Edge = 6009 PVA Low Edge = 5972 Prior POC = 5984
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: Holiday shortened session provided bears with the ammo to push price lower, establishing a new cycle low @ 21650.25. Range for this session was 315 handles on 509k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: This cycle’s rally has already begun with an GLOBEX opening gap up. Bulls will now need to reclaim/recover the 21860 low, followed by 21930 to secure a dominant shift in the structural dynamic.
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 21860+-, initially targets 21930 – 21970 zone.
Bear Scenario: Price sustains an offer below 21860+-, initially targets 21810 – 21750 zone.
PVA High Edge = 21838 PVA Low Edge = 21668 Prior POC = 21713
NQU
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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