PTGDavid : (7:58:52 AM) : Wednesday October 29, 2025
PTG : PTGDavid : (7:58:56 AM) : KEY LINKS:
🔗 PTG Home Base
🔗 Daily Trade Strategy
🔗 PTG Range Calculator
🔗 PTG X Feed
Pre-Market Briefing (07:50 ET):
The overnight tape paced quietly ahead of the FOMC rate decision, holding within a tight 15-handle box as traders bunkered down for Powell’s next move. Futures opened Europe near 6955, oscillating around LIS 6942, with algos sniffing liquidity but no conviction.
Fed Decision (14:00 ET):
The Federal Reserve delivered a 25bps rate cut, as largely priced-in, but Powell’s statement hinted at a pause within a cut cycle — enough to spark a battlefield eruption on the S&P front lines.
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Bulls charged from 6925 tactical defense zone, pushing through 6960 resistance, momentarily breaching 6980, before precision sell-programs strafed the highs.
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Bears counterattacked into Powell’s presser, reclaiming 6940 as price rotated back to neutrality — textbook FOMC volatility theater.
PTG Tactical Notes:
🎯 Key Level Defense: 6925 (Bull Tactical Line)
🚀 Breakout Zone: 6965 → 6980
💣 Counterstrike Resistance: 6995 Major
🛡 LIS: 6942
🔁 Bias Post-Close: Neutralizing battle posture after event volatility
Narrative Summary:
FOMC Day turned into a two-phase war zone — initial euphoria under rate-cut headlines, then Powell’s “data-dependent” remarks detonating bear artillery. Tactical traders who stuck to PTG structure caught both rotations cleanly. By the bell, ES settled near 6950, smoke clearing across the battlefield as both factions regrouped.
PTG Takeaway:
Capital was preserved, tactical edges maintained, and discipline reigned supreme — another day where emotional traders became collateral damage.