Market Recap: October 24, 2024 Morning Overview: Recovery and Bullish Prospects At the start of the trading session, PTGDavid noted that overnight trade activity had driven a recovery rally into the key 5865-5870 target zone outlined in the Daily Trade … Continue reading
Category Archives: PTG Daily Trade Strategy
S&P 500 Prior Session was Cycle Day 1: Price declined for this cycle day as anticipated (see quote below) and established a new cycle low at 5801. Today’s decline should not have been a surprise if you have consistently been reviewing … Continue reading
PTGDavid provided frequent updates on market movements and trade strategies, focusing on Nasdaq (NQ) and Crude Oil (CL). Here’s a summary of his posts: Crude Oil Trade Updates: Announced a successful “Open Range Breakout Long” trade, with target 1 filled … Continue reading
S&P 500 Prior Session was Cycle Day 3: Positive 3-Day Cycle, which means that Price is Greater Than Cycle Day 1 Low on Cycle Day 3 during the RTH Session. To express this in mathematical code: (P > CD1 Low on … Continue reading
Here’s a summary of PTGDavid’s key points throughout the chat: Opening Market Commentary: Noted the initial ES Open Range as being between 5862 and 5872, with a muted opening. Mentioned the market was neutral in the first 30 minutes, waiting … Continue reading
S&P 500 Prior Session was Cycle Day 2: Prior DTS Briefing 10.21.24 played out like a charm, as price tested 5915 upper target and was promptly rejected, setting the stage for a reversal. The lower target zone between 5875 – 5870 … Continue reading
PTGDavid provided insightful real-time commentary throughout the trading day, focusing on market structure, key technical levels, and trading strategies. Here’s a summary of his posts: Market Analysis and Opening Dynamics: PTGDavid highlighted that the market was in a consolidation phase … Continue reading
S&P 500 Prior Session was Cycle Day 1: Price established new CD1 Low at 5886.50 which matched our 5885 Line in the Sand (LIS) for this session. Bulls maintained control achieving 5910 – 5915 target zone per prior DTS Briefing. Prior … Continue reading
PTGDavid’s commentary throughout the trading session offered a blend of strategic insights, real-time market analysis, and candid reflections on the day’s trading environment. The morning opened with active monitoring of crude oil and key market indices, where PTGDavid swiftly identified … Continue reading
S&P 500 Prior Session was Cycle Day 3: Three Day Cycle objectives were achieved, as price gapped higher fulfilling the 5910 target per the DTS Briefing 10.17.24. The remainder of the session price consolidated between the 5895 Line in the Sand (LIS) … Continue reading