Markets All eyes are on Wednesday’s scheduled U.S. retail sales and consumer price index (CPI) reports. Both readings have the potential to move the needle significantly in terms of Federal Reserve interest rate cut expectations, especially after those odds ticked up … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Early consolidation theme unfolded as expected, though with bulls dominant, the inevitable push higher to fulfill upper targets should not have been a surprise. Well, perhaps … Continue reading
Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Textbook CD1 as price declined to the projected average decline (5192) as outlined in the DTS Briefing 5.8.24. Solid buy response developed reversing and rallying … Continue reading
Markets Source: Seeking Alpha Economic Calendar S&P 500 Prior Session was Cycle Day 3: This cycle completed its upward trek by fulfilling CD3 Penetration Levels followed by MATD ‘back n fill’ consolidation rhythms. Textbook 3 Day Cycle. Range was 24 handles … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Power Cycle as price continued rallying, surpassing all target objectives. Range was 52 handles on 974k contracts exchanged. ***NOTE: IF you want to learn more about how … Continue reading
Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Bullish momentum resulted in a gap higher opening which held through out this session fulfilling cycle day range target (5161). Bulls sustained bid into the … Continue reading
Markets Source: Seeking Alpha Economic Calendar S&P 500 Prior Session was Cycle Day 3: Following the FED Day “range-runner” volatility session, this session retested the Cycle Day 1 Low (5051) securely and rallied, fulfilling cycle objectives.. Range was 76 handles on … Continue reading
Markets (Top Stories) Source: investing.com Economic Calendar S&P 500 Prior Session was Cycle Day 2: Morning market activity was subdued as MATD rhythms dominated with relatively light volumes and range, as traders awaited the FED Presser. In typical fashion, JPOW leaned … Continue reading
Markets (Top Stories) Economic Calendar Source: Investing.com S&P 500 (ES) Prior Session was Cycle Day 1: Extreme CD1 as price declined and even surpassed 5061 Statistical Deviation Level, establishing a low at 5051. Range was 97 handles on 1.583M contracts exchanged. … Continue reading
Markets Source: Seeking Alpha Economic Calendar S&P 500 Prior Session was Cycle Day 3: Price finished this cycle’s rally with a extended push to CD3 Penetration Levels where buyers ran out of gas. Majority of this session was aimless directional trade … Continue reading