S&P 500 Prior Session was Cycle Day 3: Positive Three-Day Cycle as price easily fulfilled the 92% statistic defined as Price Greater Than Cycle Day 1 Low on Cycle Day 3. (P > CD1 ~ CD3) Also, our Cycle Options Trade … Continue reading
Morning Session: The session opened with an overnight “Look Above and Fail” pattern, where bulls attempted but failed to maintain prices above the prior two-day highs, pushing the market back into its previous range. The Positive 3-Day Cycle, boasting a … Continue reading
S&P 500 Prior Session was Cycle Day 2: Prior session’s trade strategy (see recap link below) played like a “well-tuned fiddle” fulfilling both downside and upside respective target zones. Range widened and volumes increased, providing ample trade opportunities. For a more detailed … Continue reading
Date: October 29, 2024 Market Overview Today’s session opened with prices trading 10 points below the established “Line in the Sand” (LIS) at 5860, suggesting an early bearish bias. This initial positioning created an opportunity for the market to test … Continue reading
S&P 500 Prior Session was Cycle Day 1: Price established a new cycle low @ 5857 in a very quiet narrow range trading session with anemic volume. For a more detailed recap of the trading session, click on this link: Trading Room RECAP … Continue reading
Market RECAP – Key Observations and Strategic Levels for 10/28/24 Today’s session began with the critical “Line in the Sand” (LIS) level set at 5865, which proved resilient through multiple tests. Early trading momentum allowed the first target zone of … Continue reading
S&P 500 Prior Session was Cycle Day 3: Positive 3-Day Cycle, which means that Price is Greater Than Cycle Day 1 Low on Cycle Day 3 during the RTH Session. To express this in mathematical code: (P > CD1 Low on … Continue reading
Market Recap – PTGDavid’s 3-Day Cycle Analysis for October 25, 2024 The session today saw strategic plays and precise technical maneuvers as PTGDavid and the PTG Traders navigated bullish momentum on Cycle Day 3, advancing the week’s goals with keen … Continue reading
S&P 500 Prior Session was Cycle Day 2: Today’s trading was a “textbook” CD2 example of MATD -“Morning/Market After Trend Day” rhythms as price fulfilled the 5865 – 5870 target zone and oscillated between 5825 – 5855. For a more detailed … Continue reading
Market Recap: October 24, 2024 Morning Overview: Recovery and Bullish Prospects At the start of the trading session, PTGDavid noted that overnight trade activity had driven a recovery rally into the key 5865-5870 target zone outlined in the Daily Trade … Continue reading