Markets (Top Stories) Doing just fine The U.S. economy is showing further resilience as GDP grew at a 2.4% annualized rate in Q2, almost a full percentage point stronger than the 1.5% expected. The growth was driven by robust consumer and business … 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): Markets secured a positive 3-day cycle, fulfilling both upside and downside targets outlined in prior DTS 7.26.23 briefing. As posted in Trading Room: PTGDavid … 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): Price continued this Cycle’s Rally fulfilling upside Breakout Target Zone (4605 – 4608), Big … Continue reading
Markets (Top Stories) Earnings intelligence Market participants are shifting their focus to Big Tech as earnings season goes into overdrive with some of the biggest names in the industry set to publish Q2 results. On tap for today are earnings … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets secured a positive 3-day cycle, then proceeded to sell off the remainder of the session, closing out the week. OPEX had a big … 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): Price broke below CD1 Low (4582) key support selling down to 4560 – 4555 TargetMaster Range Zone. Prior range was 37 handles on 1.458M contracts … 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 4582. Prior range was 27 handles on 1.461M contracts exchanged. …Transition from Cycle Day … 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): Markets continued their trek higher fulfilling CD3 Penetration Levels and Target Master Breakout Target … 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): Price held Open Range bid and eventually traded higher throughout the session fulfilling TargetMaster Range Breakout Zone. Prior range was 38 handles on 1.007M contracts … 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 4531. Prior range was 29 handles on 1.315M contracts exchanged. …Transition from Cycle Day … Continue reading