Markets Source: cnbc.com Economic Calendar S&P 500 Prior Session was Cycle Day 1: Liquidation selling that had begun on Cycle Day 3 continued to spill-over into today’s session, which fulfilled CD1 Violation Level and established a new Cycle Low at 5570.25. Range … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets The S&P 500 and Nasdaq Composite retreated on Wednesday as the rotation out of high-flying technology shares and into more rate-sensitive names continued. The broad S&P 500 lost 1.39% to close at 5,588.27. The tech-heavy Nasdaq slid 2.77% to end at 17,996.92, posting … Continue reading
Markets Economic Calendar S&P 500 Prior Session was Cycle Day 2: Normal CD2 unfolded as MATD rhythm was the main theme for this session. Returning traders from lunch decided to get aggressive and orchestrate an upside breakout in K-Period (2:30 – … Continue reading
Markets Source: cnbc.com Economic Calendar S&P 500 Prior Session was Cycle Day 1: Morning rally hit a new ATH but could not hold bid, as price reversed direction with persistent selling throughout the day. Buy response developed at the 3-Day Central Pivot … Continue reading
Markets Economic Calendar Source: Investing.com S&P 500 Prior Session was Cycle Day 3: Positive Three-Day Cycle was fulfilled with a 91.30% success-rate covering twelve-plus years of tracking history. Price also fulfilled 5707.70 Cycle Objective before selling down late into the closing … Continue reading
Markets Economic Calendar S&P 500 Prior Session was Cycle Day 2: Fantastic CD2 performance as price extended this cycle’s rally by fulfilling 5707.75 3 Day Cycle Target “to-the-tick” as outlined in prior DTS Briefing 7.11.24, as well as high of the … Continue reading
Markets Economists surveyed by Dow Jones are looking for CPI to rise 0.1% month over month, and 3.1% year over year. The core CPI, which strips out more volatile food and energy prices, is expected to rise 0.2% from May … Continue reading
Markets Economic Calendar Source: Investing.com S&P 500 Prior Session was Cycle Day 3: Positive Three-Day Cycle was fulfilled with a 91.11% success-rate covering twelve-plus years of tracking history. Price held bid above our LIS (5625) and fulfilled initial upside target (5640), but … Continue reading
Markets Economic Calendar S&P 500 Prior Session was Cycle Day 2: Price extended this cycle’s rally by fulfilling 5627.50 primary 3 Day Cycle Target and backing n filling in Normal CD2 fashion between our 5615 (LIS) and 5635 – 40 (initial … Continue reading
Markets Wall Street will have its hands full next week with the eagerly anticipated June consumer price index (CPI) report and the start of the earnings season. The economic calendar will be dominated by the CPI report and Federal Reserve … Continue reading