S&P 500 (ES)
Prior Session was Cycle Day 3: Structure: Expansion → Grind → Squeeze Positive 3D Cycle (91.61%)
The week closed out in true FRYday fashion — part finesse, part ferocity — as the ES dipped below the Money Box in the overnight session only to reclaim it with surgical precision. That reclaim became the trade of the night, springboarding price right back to the LIS (6655) and giving bulls their favorite morning mantra: “Clear & Convert.”
Range was 146 handles on 2.0M contracts exchanged
For greater detail of how this day unfolded, click on the Trading Room RECAP 10.17.25 link.
Bonus Link: Shadow Trader Weekend Edition 10.17.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection zone between (6680) and (6658), which has been satisfied.
In previous Briefing’s we stated: “It may take a few to even several days for the markets to find acceptable balance. Volatility is expected to remain elevated, which should provide a fertile trading environment.”
This past week’s activity was a textbook case study of absorption and balancing. (see the TPO “weekly” Profile screenshot below)
Current range edges are defined by 6660 – 6720 with 6690 as the Fulcrum Pivot.
Keep vigilant for these edges to convert for the next potential directional move. Remember, markets move from contraction (balance) to expansion (trend). With price action currently in “balance-mode” expectation is continuation of the same until the market gives a clear expansionary signal.
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 6690+-, initially targets 6710 – 6720 zone.
Bear Scenario: Price sustains an offer below 6690+-, initially targets 6670 – 6660 zone.
PVA High Edge = 6714 PVA Low Edge = 6658 Prior POC = 6691
ESZ
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3 Day Cycle as price traded safely above the CD1 Low satisfying the 91.61% historical statistic.
The week closed out in true FRYday fashion — part finesse, part ferocity — as the NQ dipped below the Money Box in the overnight session only to reclaim it with surgical precision. That reclaim became the trade of the night, springboarding price right back to the LIS (24800) and giving bulls their favorite morning mantra: “Clear & Convert.” Range for this session was 645 handles on 735k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection (24783) which got fulfilled in the prior session.
This past week’s activity was a textbook case study of absorption and balancing. (see the TPO “weekly” Profile screenshot below)
Current range edges are defined by 24687 – 24970 with 24870 as the Fulcrum Pivot.
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 24950+-, initially targets 25180 – 25250 zone.
Bear Scenario: Price sustains an offer below 24950+-, initially targets 24745 – 24685 zone.
PVA High Edge = 24952 PVA Low Edge = 24687 Prior POC = 24743
NQZ
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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