Market Overview: Morning Session: PTGDavid announced a significant update for Take Profit Trader (TPT), removing the daily loss limit from accounts, and offering a 50% discount for new subscribers with the promo code PTGFUNDING. Link >> https://takeprofittrader.com/?referralCode=PTGFUNDING Trading Strategy: Emphasized a … Continue reading
David Dube
S&P 500 (ES) Prior Session was Cycle Day 2: Second consecutive negative week keeps “da bears” in short-term control as price works off this pullback. Three-Day Cycle is also experiencing failed reclaims during this correction. Historical cycle statistics favor long plays, … Continue reading
Market Overview: The session began with the price holding a critical support level, identified as the 5930 Line in the Sand (LIS). Initial upper targets were reached between 5945 and 5950, marking early trading success. Notably, the NASDAQ (@NQ) similarly … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 1: Markets were closed for the RTH Session for National Day of Mourning in honor of the late former President Jimmy Carter. It was still a normal CD1 as price declined during GLOBEX … Continue reading
Morning Session: The trading day began with a continuation of weakness from the prior session. PTGDavid highlighted the lower target zone of 5930-5925 as outlined in the DTS Briefing. Early birds benefited from a PKB Long setup triggered at 5935, … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 2: Early attempts by the bulls to push higher fell flat as they failed to sustain an adequate bid during the opening range. Negative impactful economic releases turned the tide to aggressive selling, … Continue reading
Pre-Market Commentary (7:42 AM – 9:02 AM) Key Levels Identified: LIS (Line in the Sand): 6030, derived from the prior session’s mid-zone. Lower Target Levels: 6005 and 5995 were highlighted as critical areas for market responses. Overnight Activity: Overnight trading … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 1: Shallow decline during GLOBEX lead to a strong TRUE GAP UP opening during the RTH. We’ve seen this scenario before on Cycle Day 1…Early strength momentum pushing to fulfill upside range targets. … Continue reading
Morning Session Market Outlook: The week began with a strong GLOBEX rally, characteristic of Cycle Day 1 (CD1). The initial upside target of 6042, based on the average CD1 range from the last 20 cycles, was nearly achieved early in … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 3: Positive Three-Day Cycle was fulfilled as strong “short-squeeze” propelled prices higher to cap off the holiday trading season. Range for this session was 85 handles on 1.144M contracts exchanged. FREE TRIAL link to PTG/Taylor … Continue reading