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
Category Archives: PTG Daily Trade Strategy
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
S&P 500 Prior Session was Cycle Day 1: Price declined for this cycle day as anticipated (see quote below) and established a new cycle low at 5801. Today’s decline should not have been a surprise if you have consistently been reviewing … Continue reading
PTGDavid provided frequent updates on market movements and trade strategies, focusing on Nasdaq (NQ) and Crude Oil (CL). Here’s a summary of his posts: Crude Oil Trade Updates: Announced a successful “Open Range Breakout Long” trade, with target 1 filled … 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
Here’s a summary of PTGDavid’s key points throughout the chat: Opening Market Commentary: Noted the initial ES Open Range as being between 5862 and 5872, with a muted opening. Mentioned the market was neutral in the first 30 minutes, waiting … Continue reading
S&P 500 Prior Session was Cycle Day 2: Prior DTS Briefing 10.21.24 played out like a charm, as price tested 5915 upper target and was promptly rejected, setting the stage for a reversal. The lower target zone between 5875 – 5870 … Continue reading