Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price established a new cycle low at 4434.25. Heavy two-way trade flow created a neutral balanced session. Prior range was 37 handles … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Failed Three-Day Cycle as price could not recover back above the 4515 level during the RTH Session. Open Gap Down held as persistence selling continued … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 2 (CD2): Post holiday CD2 “normal” as balancing consolidation was the name of the game for … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Relatively shallow decline establishing a new cycle low at 4515 as Cash Market were closed for holiday. Prior range (Friday) was 40 handles on 1.354M … Continue reading
Markets (Top Stories) The U.S. economy is expected to add fewer jobs in August vs. July, but still stay in the sweet spot seen for a soft landing. Economists are expecting to see a print of 170K at 8:30 AM ET, down … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Relatively shallow decline establishing a new cycle low at 4500 handle. Majority of the session held a dominant bid, consolidating the recent breakout. Prior range … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 3 (CD3): We’ll refer to today’s Cycle Day 3 action as “Jack-the-Ripper” as price “ripped” higher … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Normal Cycle Day 2 as price initially rallied, fulfilling our upside TZ (4435 – 4440), then rotated lower, successfully testing our Line-In-Sand (4425) multiple times, … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, establishing a new cycle low at 4365.25 during the morning session. Price rallied during the afternoon session, settling near highs … Continue reading