Market Overview: CPI Data: PTG David noted the CPI data for the month matched expectations with no surprises, leading to a positive initial market reaction. The Core CPI MoM was below expectations at 0.2% vs. an expected 0.3%. Market … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 1: Early rally faded against the initial target zone 5895 – 5905 as outlined in prior DTS Briefing 1.14.25. Selling rotation lower fulfilled the initial downside target zone between 5860 – 5855, finding … Continue reading
Market Overview: The trading day commenced with an overnight price surge, fulfilling initial bullish targets before a precise reversal from the Money Box Zone. A notable reaction to the PPI release at 3.3% (below the forecasted 3.5%) led to a … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 3: Failed Three-Day Cycle as price continued to “spill-over” from Friday’s weakness, selling down to the Cycle Day 1 Average Decline Projection Target (5823). Once the sellers were absorbed down to 5809 (PL), … Continue reading
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
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