S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (6461) which has a 91.43% historical performance track history. This cycle although positive was relatively weak as bulls were only able to capture 63% of the normal 75.80 average cycle range.
Positive 3-Day Cycle Statistic is defined as Price Above the Cycle Day 1 Low on Cycle Day 3. P > CD1 on CD3.
Given the relative soft cycle performance, the market may be entering a period of slow progression as seasonality (final two-weeks of August) tend to show lackluster performance.
Range for this session was 47 handles on 1.142M contracts exchanged.
Notable is the upcoming Jackson Hole Economic Policy Symposium:(Aug 21-23) This year’s theme is “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy.”
Perhaps also some very nice wine-tasting, jumbo shrimp, and Chateaubriand on the menu. If POTUS had his way, JPOW would be on the menu with an apple in his mouth (parody)
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.15.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 6470 (Recap) and 6463 (Recap-MA).
Markets closed mixed week ending as price is currently in a 3-day balance zone between 6460 – 6500.
Key will be a near-term test of balance support. Normal for CD1 would be to explore the downside to validate the integrity of the bull’s resolve or a break and plunder to the downside.
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 6465+-, initially targets 6485 – 6490 zone.
Bear Scenario: Price sustains an offer below 6465+-, initially targets 6445– 6440 zone.
PVA High Edge = 6482 PVA Low Edge = 6468 Prior POC = 6472
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (23886) which has a 91.43% historical performance track history. Range for this session was 228 handles on 486k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 23827 (Recap) and 23747 (Recap-MA).
Both CD1 average decline projections have been satisfied during the prior CD3 session. Overall uptrend remains intact, although Briefing is sensing some underlying distribution taking place beneath the surface.
Expectation is for a Cycle Day 1 “normal” decline to explore lower prices in search of a new secure cycle low from which to stage the next rally.
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 23800+-, initially targets 23855– 23885 zone.
Bear Scenario: Price sustains an offer below 23800+-, initially targets 23660 – 23640 zone.
PVA High Edge = 23852 PVA Low Edge = 23772 Prior POC = 23807
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
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