Trade Strategy 5.24.24

Markets Source: Seeking Alpha Economic Calendar  S&P 500 Prior Session was Cycle Day 3: Positive 3 Day Cycle as price traded higher fulfilling 5360 – 5365 cycle target zone as outlined in DTS Briefing 5.23.24. But the trade was not over with … Continue reading

Trade Strategy 5.23.24

Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Morning Session was narrow and quiet trading as traders were anticipating two key market moving events…FED minutes and Nvidia earnings. Both provided volatility junkies a quick … Continue reading

Trade Strategy 5.22.24

Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Shallow decline to this session as price held 5330 key Line in the Sand on low volatility consolidation ahead of tomorrow’s Nvidia (NVDA) earnings report. … Continue reading

Trade Strategy 5.21.24

Markets Source: Seeking Alpha Economic Calendar  S&P 500 Prior Session was Cycle Day 3: Positive 3 Day Cycle as price traded above CD1 Low (5315) but fell short of achieving upside cycle objectives. DTS Briefing 5.20.24 upside initial target zone 5345 – … Continue reading

Trade Strategy 5.20.24

Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Sell lean dominated this session as price ratcheted lower to our projected target (5305) as outlined in DTS Briefing 5.17.24. Buyers responded, absorbing the sellers and … Continue reading

Trade Strategy 5.17.24

Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Price momentum did spill over into today’s session skimming our upper target (5350) by four ticks (5349) which turned out to be the HOD. We … Continue reading

Trade Strategy 5.16.24

Markets Source: Seeking Alpha Economic Calendar  S&P 500 Prior Session was Cycle Day 3: Positive 3 Day “Power” Cycle exceeded all upside statistical targets, as price notched a new contract high. Range was 71 handles on 1.330M contracts exchanged.  …Transition from Cycle … Continue reading

Trade Strategy 5.15.24

Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Early negative PPI reaction was reversed, as price consolidated through the session, eventually closing near high of the day. Range was 57 handles on 1.188M contracts exchanged. … Continue reading

Trade Strategy 5.14.24

Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Pre-RTH rally stalled within the projected initial target zone (5260 – 5265) as outlined in prior DTS Briefing 5.13.24. RTH rejected the early bid as … Continue reading