Current 3-Day Cycle Target (2123.50) has been satisfied…So any penetration and conversion of this level expands the cycle which then targets 2133.75. Overnight trade has price within prior day’s range continuing to consolidate between 2110 (key support) and 2123.50 (key … Continue reading
Battle of the Bull / Bear Robots! Tuesday the Bears had full control…Wednesday the Bulls regained control. This scenario has been playing out consistently throughout 2015, so until this multi-week range can be broken, more of the same…advantage still remains … Continue reading
Sellers sprinted out of the gate on the Open Range and never looked back dropping price throughout the session reaching Max Average Range Target of 2098.00. This price action has definitely deflated much of last weeks bullish enthusiasm at contract … Continue reading
Memorial Day Weekend is a time to honor America’s bravest fallen Hero’s. They have given the ultimate sacrifice for our freedom…please consider giving back and showing that their sacrifice was not in vain by donating to Wounded Warrior Project to … Continue reading
Price found this cycle’s “secure low” within the expected zone outlined in previous two Daily Trade Strategy Reports. Here is excerpt: “Violation of PL (2121.25) opens door for deeper downside probe for new secure cycle low. Levels to be mindful of … Continue reading
Price probed lower in prior session to test CD1 low, which held, then probed higher only to fail at projected upside resistance outlined in prior DTS 05.20.15. Here is excerpt: “IF price can hold above PL (2121.25), THEN clear and … Continue reading
Perfect Cycle Day 1 (CD1) unfolded yesterday as price auctioned lower in search of new low at 2121.25. Price has held above this level in overnight trade, so if this level is indeed the new “secure low”, then it should … Continue reading
Bullish 3-Day Cycle momentum continues unchallenged by “da bears” as price has reached STATX target zone outlined in prior Daily Trade Strategy 05.18.15 Here is excerpt of Scenario 1: “IF price clears and converts PH (2122.75), THEN upside expansion targets 2124.50, … Continue reading
S&P e-mini (ES) continues to quietly consolidate last weeks gains and new contract high within a 10 handle range between 2112 – 2122. We will label these levels as “key markers” for either bullish upside continuation or bearish downside reversal. … Continue reading
In Thursday’s DTS 05.14.15 we stated “Large market on close sell imbalance ($900M) was easily absorbed as price has held above prior low (2091.50) in overnight trade…Not only held, but has rallied higher testing prior high (2106.50). This is indeed … Continue reading