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We would like to wish everyone a Very Happy, Healthy and Prosperous New Year! May you have good fortune in all you do. Markets have begun the new year on a weak note: European stocks are in the red, as … Continue reading
Category Archives: PTG Daily Trade Strategy
By way of recent review of previous DTS reports, we stated : “Friday’s High (2088.75) will be marker as “key” resistance until it is cleared and converted. IF successfully converted, THEN upside projects 2100 handle. Initial support is marked at … Continue reading
As we enter the final days of 2014, there may be some year end “gaming”, so we want to remain vigilant and stay disciplined to our methods. The last few trading days is not the time to play “catch-up” on … Continue reading
During the Christmas Holiday Week, we had projected the high price target 2088.00…This level did get achieved…Trade Strategy 12.23.14. As we enter the final days of 2014, there may be some year end “gaming”, so we want to remain vigilant … Continue reading
There is little to add to today’s DTS Report…Price held bid at or above the 2068 level support marker in prior day trade session. We will continue to view this level as “key support” to hold…Volumes were light as we … Continue reading
As Mrs Claus (Fed Chair Yellen) gave the Markets an early Christmas Present last week, prices continue to hold firm at all-time highs. Barring any external “event”, our expectation is for continued firmness throughout the holiday season capping the year … Continue reading
World shares are on the rise today following a vote of confidence from the Fed on Wednesday that the U.S. economy was on track. The Dow and S&P surged yesterday to their strongest percentage gains of the year on the … Continue reading
So goes Crude Oil…So goes S&P…That’s the current relationship…As CL rallied yesterday, ES followed close behind to reach our target zone near 2010 handle Trade Strategy 12.16.14. Later in the session CL retreated into a lower trade zone as ES … Continue reading
With Crude Oil in a virtual free-fall with margin calls occurring on a daily basis, equities simply cannot overcome the negative momentum. As such, investors have continued to sell stocks in tandem with oil weakness…Until this has run its course … Continue reading
Friday’s late day sell-down into settlement (1990.75) may have been some final capitulation of longs, capping off a week of steady selling. From high to low measures approximately -4.08% covering 84.50 handles. Most if not all Market Internal Metrics are … Continue reading