S&P 500 (ES) Prior Session was Cycle Day 2: Morning buying could not be sustained and gave way to afternoon selling down to D-Level Money Box Zone (5734.75 – 5718.50). Price did manage to close above the Prior Low (5750) begrudgingly. … Continue reading
Category Archives: PTG Daily Trade Strategy
RECAP of PTGDavid’s Posts: Throughout the trading day, PTGDavid shared a series of market insights, technical analysis, and trading commentary that provides both immediate and broader lessons for traders. His posts offer a blend of technical analysis, sentiment tracking, and … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 1: Price declined to successfully retest the 5763.50 level as outlined in the DTS Briefing 3.5.25 finding responsive buyers to secure 5750.75 as the CD1 Low. Range for this session was 118 handles … Continue reading
Summary Recap of PTGDavid’s Postings PTGDavid’s posts throughout the day provide valuable insights into market analysis, focusing on price action, technical indicators, and trading strategies. Here’s a breakdown of the key points from his commentary: Bearish Market Sentiment and Targets: … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 3: Positive 3-Day Cycle (91%) secured, although it occurred during a late day rally, following a morning of aggressive long liquidation. Albeit not the strongest of cycles as the current broader bias remains … Continue reading
Summary is for @ES or otherwise noted… 1. Opening Market Sentiment & Bias (9:33 AM – 9:45 AM) Market Bias: PTGDavid started the trading day by noting that the market sentiment leans towards sellers, which means there’s a bearish bias … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 2: Extension rally above PH failed and reversed at the D-Level / CD2 Penetration zone as it was a textbook “Peek-a-Boo” PKB (a.k.a. Look Above/Below and Fail Reversal) pattern triggering short on a … Continue reading
Morning Session (8:46 AM – 10:58 AM EST) 8:46:02 AM – Market Update on @ES “Buyers are continuing Friday’s late day rally achieving the 5992.50 CD2 Penetration Target.” Recap: PTGDavid notes that buyers extended the momentum from Friday’s late rally, … Continue reading
S&P 500 (ES) Prior Session was Cycle Day 1: Price declined attempting to force more long liquidation below Thursday’s low unsuccessfully, only trapping “late-comer” shorts. This set up the classic “Peek-a-Boo” PKB (a.k.a. Look Above/Below and Fail Reversal) setting up an … Continue reading
Morning Session: Early trade setup focused on a long lean with price above VWAP, but David reminded traders that VWAP is a reference, not a hard line. The key level in play was the Line in the Sand (LIS) at … Continue reading