Markets (Top Stories) Headline annual U.S. inflation is expected to have further cooled in January, although sticky prices for services are seen bolstering the case for the Federal Reserve to push out possible interest rate cuts. Economists project that the … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Economic Calendar (Week of 3/11 – 3/15) https://www.investing.com/economic-calendar/ S&P 500 Contract Rollover: Front Month June (M) Prior Session was Cycle Day 1: Rally off the open extended to CD1 Penetration Level where sellers were actively responding, absorbing and … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle Targets were fulfilled and even extended to Penetration Level before reversing and selling down into the closing bell. Overall this cycle was a “textbook” 3 Day … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2: Price established a cycle low at 5063 on CD1 as outlined in prior DTS Briefing 3.6.24. Just as Reminder (JAR), the primary objective of the 3 Day Cycle … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1: Failure on Cycle Day 3 (see DTS Briefing 3.5.24) set up today’s long liquidation decline, pushing price down to retest 5064 range projection and previous Cycle Buy … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3: Three-Day Cycle Targets had been fulfilled during Cycle Day 2 (CD2), so, today’s objective was to extend the current rally. Price did “peek-a-boo” above CD2 high (5149.25), … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2: Price continued to rally surpassing Three-Day Cycle Targets and fulfilling CD2 Penetration Levels. Range was 60 handles on 1.506M 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 (Buy Day): Price established a new cycle low at 5060. Wide range session as price initially rallied with reaction to PCE Index outlined in prior DTS Briefing … Continue reading
Markets (Top Stories) What is the Personal Consumption Expenditures Price Index? A measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The PCE price index is known … Continue reading
Markets (Top Stories) 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 2 (Sell Day): Normal CD2 as price action was lethargic most of the session, as light but consistent downside pressure tested … Continue reading