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
Category Archives: PTG Daily Trade Strategy
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
PTGDavid provided insightful real-time commentary throughout the trading day, focusing on market structure, key technical levels, and trading strategies. Here’s a summary of his posts: Market Analysis and Opening Dynamics: PTGDavid highlighted that the market was in a consolidation phase … Continue reading
S&P 500 Prior Session was Cycle Day 1: Price established new CD1 Low at 5886.50 which matched our 5885 Line in the Sand (LIS) for this session. Bulls maintained control achieving 5910 – 5915 target zone per prior DTS Briefing. Prior … Continue reading
PTGDavid’s commentary throughout the trading session offered a blend of strategic insights, real-time market analysis, and candid reflections on the day’s trading environment. The morning opened with active monitoring of crude oil and key market indices, where PTGDavid swiftly identified … Continue reading