S&P 500 (ES)
Today is Cycle Day 3 (CD3)…Price has reached it’s extreme 3 Day Cycle Standard Deviation Target of 6797.79. Further upside may extend upwards to 2806.55 10-day Average Range. Bullish trends remain in-effect but extend on virtually all metrics.
Scenario 1: IF price converts 2793.25 to support, THEN upside measures 2797.79, followed by 2802.50 – 2806.50 zone.
Scenario 2: IF price violates and converts PC (2793.25) to lower resistance, THEN initial downside targets 2783.00, followed by 2773.00.
Range Projections and Key Levels (ES)
Nasdaq 100 (NQ)
Today is Cycle Day 3 (CD3)…Possible High for today based upon average penetration of CD2 high = 6796.35. Price has currently achieved this target level in overnight trade, so there is potential for a reversal unfolding if there is a valid trigger formation.
Scenario 1: IF price clears and converts PH (6777.75), THEN initial upside targets 6796.35, followed by 6817.85.
Scenario 2: IF price violates and converts PH (6777.75) to lower resistance, THEN downside measures 6758, 6748, 6738 respectively.
Range Projections and Key Levels (NQ)
Trade Strategy: Our tactical trade strategy will simply remain unaltered…We’ll be flexible to trade both long and short side from Decision Pivot Levels. Continue to focus on Bull/Bear Stackers and Premium/Discounts. As always, remaining in alignment with dominant intra-day force increases probabilities of producing winning trades.
Stay Focused…Non-Biased…Disciplined ALWAYS USE STOPS!
“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –Bruce Lee
*****This trade strategy report is disseminated for “education only” and should not be viewed in any way as a recommendation to buy or sell futures products.”
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone.
Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose.
This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 –HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN