S&P 500 (ES)
Prior Session was Cycle Day 1: Normal CD1 as price declined establishing a new low @ 6246.25.
This level will be used to measure this cycle’s rally performance.
As outlined in prior DTS Briefing 7.7.25, the highly broadcasted Trump Tariff Notices were sent out today to the various countries that failed to negotiate with the administration. As such, they were “notified” on how much “vig” they will be paying. (Sound familiar?)
Range was 68 handles on 1.193M contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 7.7.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normal for a Cycle Day 2 (CD2) would be an expectation of some balancing/consolidation MATD type rhythms to adjust for the CD1 sell-down
Larger degree trend remains intact, though as opined in previous briefings, we would not be surprised with some profit-taking, resulting in a corrective pullback this week.
Price could easily revisit lower levels such as the 6220 – 6240 zone in search of renewed OTF buying interest. Bounces to retracement zones may interest traders to lighten up on long positions.
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 6270+-, initially targets 6290 – 6295 zone.
Bear Scenario: Price sustains an offer below 6270+-, initially targets 6255 – 6245 zone.
PVA High Edge = 6295 PVA Low Edge = 6258 Prior POC = 6270
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: New cycle low was established @ 22779.75 as price declined concurrent with the Trump Tariff Notices being doled out today. Range for this session was 248 handles on 458k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normal for a Cycle Day 2 (CD2) would be an expectation of some balancing/consolidation MATD type rhythms to adjust for the CD1 sell-down
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 22880+-, initially targets 22955 – 22970 zone.
Bear Scenario: Price sustains an offer below 22880+-, initially targets 22810 – 22780 zone.
PVA High Edge = 22942 PVA Low Edge = 22847 Prior POC = 22857
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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