Opening Remarks and Market Setup As the session commenced, PTGDavid noted key economic events on the horizon: U.S. PPI data and initial jobless claims at 8:30 AM ET, with Federal Reserve Chair Jerome Powell scheduled to speak at 3 PM … Continue reading
S&P 500 Prior Session was Cycle Day 1: Normal CD1 as price declined establishing a new cycle low @ 5991.75. Price activity held within prior day’s range forming an “inside-consolidation day.” Range for today was 43 handles on 1.360M contracts exchanged. For … Continue reading
Market Recap – PTGDavid Analysis Morning Session: The day began with the release of the CPI data, which aligned with market expectations and catalyzed an initial price surge. Price swiftly hit DTS Briefing’s target zone of 6025-6030, validating the pre-set … Continue reading
S&P 500 Prior Session was Cycle Day 3: Positive 3-Day Cycle Statistic (93%) was satisfied concurrently with hitting all-time high during this cycle sequence. Range for today was 49 handles on 1.324M contracts exchanged. For a more detailed recap of the … Continue reading
Market Overview & Key Levels The overnight low of 6013.50 attracted strong buying interest, pushing prices back to the day’s pivotal Line in the Sand (LIS) at 6025. Trading conditions have remained largely neutral and range-bound, with both upside and … Continue reading
S&P 500 Prior Session was Cycle Day 2: Normal CD2 as price consolidated within DTS’ outlined parameters in the DTS Briefing 11.11.24. Range for today was 39 handles on 1.012M contracts exchanged. For a more detailed recap of the trading session, … Continue reading
Overview: Today marked Cycle Day 2, characterized by the anticipated consolidation and two-way trading action. PTGDavid navigated these conditions with a lean toward early short setups, leveraging key market reference levels, including the Line in the Sand (LIS) and Initial … Continue reading
S&P 500 Prior Session was Cycle Day 1: Price established a new cycle low at 5990.25 early in the session, which supported continued buying and extending the current trend to fulfill upside cycle targets. Range for today was 50 handles on 1.055M … Continue reading
Morning Observations: Early Support and Target Levels PTGDavid began the session highlighting a successful pre-RTH support test at 5995, designated as the Line in the Sand (LIS). This initial buyer response provided an early indication of bullish sentiment and support … Continue reading
S&P 500 Prior Session was Cycle Day 3: Cycle “continuation rally’ went unchallenged during this session, fulfilling 6011 Statistical Extreme Target. This cycle was indeed a “SUPER CYCLE” (SC), which is defined as greater than (>) 150% of the average range … Continue reading