S&P 500 (ES)
Prior Session was Cycle Day 1: Confused CD1 as price waffled higher fulfilling the upside 6455 – 6465 target zone during the early morning session.
Lunch period into mid afternoon saw price backfill successfully testing the 6425 Line in the Sand (LIS) level as outlined in the prior DTS Briefing 9.3.25, establishing this as the new CD1 Low.
This set up a closing rally fueled buy 0DTE Call Buying coupled with a sizeable $4.6 Billion Market on Close (MOC) Buy Imbalance, propelling price to close on highs of the day.
Mutual Funds have bought over $11 Billion for the first two trading days of the month. Bullish signal for sure.
Range was 38 handles on 1.386M contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 9.3.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normally for CD2 we are anticipating some consolidation MATD rhythms to begin the session.
Price closed the prior session with strong outgoing momentum, which may spill-over into today’s trading.
BTFD buyers (Mutual Funds) were clearly active during the prior two sessions with BIG back-to-back MOC Buy Imbalances.
We’ll be maintaining the buy-side posture so long as pullbacks hold key structural levels.
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 6450+-, initially targets 6470 – 6475 zone.
Bear Scenario: Price sustains an offer below 6450+-, initially targets 6435 – 6430 zone.
PVA High Edge = 6459 PVA Low Edge = 6439 Prior POC = 6448
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: CD1 Low (23298) was established as early upside spillover reversed direction selling down throughout the midday, holding above the session’s 23290 Line in the Sand (LIS).
Market on Close (MOC) rally fueled by 0DTE Call Option Buying recovered about two-thirds of the lost morning session ground. Range for this session was 227 handles on 557k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normally for CD2 we are anticipating some consolidation MATD rhythms to begin the session.
Price closed the prior session with strong outgoing momentum, which may spill-over into today’s trading.
BTFD buyers (Mutual Funds) were clearly active during the prior two sessions with BIG back-to-back MOC Buy Imbalances
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 23430+-, initially targets 23520 – 23555 zone.
Bear Scenario: Price sustains an offer below 23430+-, initially targets 23365 – 23300 zone.
PVA High Edge = 23465 PVA Low Edge = 23365 Prior POC = 23430
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.”
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