Morning Session (9:30 AM – 11:00 AM) Market Expectations and Initial Movements PTGDavid outlined MATD rhythms, emphasizing a bullish scenario for the Nasdaq (@NQ) if prices held above 21465, targeting 21540–21560. A subsequent update confirmed initial target zones were fulfilled, … Continue reading
Category Archives: PTG Daily Trade Strategy
S&P 500 Prior Session was Cycle Day 1: This session was a textbook Cycle Day 1 with the expected decline fulfilling and exceeding the average decline establishing a new cycle low at 6060. Range for this session was 46 handles on … Continue reading
Market Session Recap – PTGDavid (December 9, 2024) The day opened quietly, with PTGDavid speculating on a potential “day-off” sentiment in the market. Initial activity showed a slow, steady decline, resembling what he humorously called a “Slow Gin Fizz.” Early … Continue reading
S&P 500 Prior Session was Cycle Day 3: ES closed out a bullish week shifting value area VPOC higher to 6098 from 6062 and notching new all-time high. Price has yet to establish excess, so as such dip buyers remain active. … Continue reading
Trading Session Recap – December 6, 2024 Overview: Today’s trading session revolved around the market’s reaction to the Non-Farm Payroll (NFP) report, which fueled significant volatility and provided multiple trading opportunities across key instruments such as the E-mini S&P 500 … Continue reading
S&P 500 Prior Session was Cycle Day 2: Normal CD2 session as price temporarily “peeked-above” the PH (6102.25) and reversed back below, then consolidated for remainder of the day. This is now coined: “Peek-a-Boo” Setup (see recap below). Range for this … Continue reading
Trading Recap by PTGDavid: Key Insights and Takeaways 1. Line in the Sand (6100) Bull Scenario: Sustained bids above 6100 target the 6112-6118 zone. Bear Scenario: Offers below 6100 target the 6087-6080 zone. Takeaway: Identifying a “Line in the … Continue reading
S&P 500 Prior Session was Cycle Day 1: Another strong CD1 performance as gap up price held firm during the morning session breaking higher at the 2pm “shake n bake.” Institutional buying continued to drive price higher notching yet another new … Continue reading
Here’s a summary of the key events and comments: Crude Oil (CL) Trades: Target 1 and Target 2 for a short trade were achieved early in the session. The trade ended successfully with a stop trail being elected. Cycle and … Continue reading
S&P 500 Prior Session was Cycle Day 3: This trading session unfolded within the prior DTS’ range outline between 6040 – 6070. Balancing/Consolidation was this session’s theme with “acceptance” at the all-time high zone. Range for this session was 23 handles … Continue reading