Markets (Top Stories) The Bureau of Economic Analysis appears set to report tomorrow (Jan. 25) that US output slowed sharply in the fourth quarter after Q3’s unusually strong gain. But Thursday’s GDP report is also expected to show that growth was moderate … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 1 (CD1): Markets continued to consolidate recent gains as price established a new Cycle Low at 4874.25, while holding the … Continue reading
Markets (Top Stories) Source: seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Price extended this cycle’s rally to Penetration Level (4887.50) where sellers responded, reversing lower, finding support at 4880 level outlined in trading room. (see link … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Explosive Friday as price pushed to achieve fresh all-time contract highs. Prior range was 65 handles on 1.758M contracts exchanged. …Transition from Cycle Day 2 to … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price traded within range parameters (4775 – 4795) outlined in prior DTS 1.18.24 briefing. Afternoon rally unfolded at the 2 pm “Shake n Bake” driven by … Continue reading
Markets (Top Stories) Source: seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Failed 3-Day Cycle as price could not recover the CD1 Low (4806) as sellers continued to dominate the trading landscape, driving price to 4748 ATR … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Bulls failed to overcome this day’s Line-In-Sand (4815) as outlined in prior DTS 1.16.24. Multiple buying attempts were rejected as the bus got “too full”, which … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Markets were closed for MLK Day. Friday’s trade session saw choppy range-bound rhythms to end the week. Prior range was 45 handles on 1.458M contracts exchanged. … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Another well laid-out plan for this session as price tagged both upper (4835) and lower (4805) levels as outlined in prior DTS Briefing 1.11.24. Prior range … Continue reading