S&P 500 Important Note: We have begun publishing the PTG Trading Room Daily RECAP which you should be receiving at the end of each trading day. This publication is a more detailed review of how the trading unfolded throughout the … Continue reading
The markets opened with a substantial True Gap higher following the FED’s 50 bps rate cut, which shifted global sentiment to a “Risk-On” environment. Early trade focused on opening range strategies, where short positions across major indices—ES, NQ, YM—as well … Continue reading
S&P 500 Prior Session was Cycle Day 3: Positive Three-Day Cycle as price rallied to fulfill the 5750 target on the heels of a 50 bps rate cut by Uncle Jay. Please review prior DTS Briefing 9.18.24 where we outlined the … Continue reading
S&P 500 Trade Plan for FOMC Day Market Context: Event: Federal Open Market Committee (FOMC) statement, followed by a press conference by the Federal Reserve Chair (JPOW). Timing: The FOMC statement is released at 2:00 PM ET, and the press … Continue reading
S&P 500 Trading Plan for Cycle Day 2 (Pre-FOMC Statement) Market Context: Previous Day: Price action followed “Level-to-Level” trading, with key range boundaries tested and respected per DTS Briefing 9.16.24 Cycle Low: Established at 5669.50—this level is crucial as a … Continue reading
S&P 500 Prior Session was Cycle Day 3: Three-Day Super Cycle as price rallied over 229 pts or 257.67% of the average cycle range of 89 pts. This cycle marks the seventh (7th) Super Cycle of the previous ten (10) cycle … Continue reading
S&P 500 Prior Session was Cycle Day 2: Normal CD2 unfolded as early MATD rhythms dominated the morning session, as outlined in prior DTS Briefing 9.12.24, with an afternoon push higher to fulfill 5500 cycle target. Range was 67 handles on … Continue reading
S&P 500 Prior Session was Cycle Day 1: Cycle Day 1 (CD1), long liquidation down trend pushed price lower and established a new cycle low at 5412. Reclaim of prior low (5450) sparked a strong short squeeze that propelled price upwards … Continue reading
S&P 500 Prior Session was Cycle Day 3: Another outstanding Three-Day Cycle as the Statistic (90%) was satisfied as well as Cycle Target (5486) fulfilled with today’s extended rally to the CD3 Penetration Level (5506). Range was 57 handles on 1.454M … Continue reading
S&P 500 Prior Session was Cycle Day 2: We knew there was a Time & Price Low window as outlined in prior DTS Briefing 9.9.24 which triggered today. Price reclaimed our Line in the Sand (LIS) 5415 Buy Signal early in … Continue reading