S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as the S&P 500 has completed its eighth-day of “one time-framing” (RTH) keeping bulls in solid control. ***Caution is now warranted on new long-biased swing positions as recent buyers are weakening. Key Daily Support Level is marked at 6111. Should that level break, expectation would be for a deeper decline. Range for this session was 40 handles on 1.185M contracts exchanged.
FREE TRIAL link to PTG/Taylor Three Day Cycle
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 1.24.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: This day begins a new cycle with the objective to find a secure low from which to stage the next rally. Average Decline Projection: 6111 – 6108 zone.
Break and hold below 6111 – 6108 zone opens the “trap-door” to lower levels targeting 6087 previous CD1 Low.
ODDS OF DECLINE > 10 = 79%…> 20 = 56%
****As of this writing Sunday evening @ 7 pm, price has gapped lower to fulfill the lower initial target zone 6105 – 6100.
Additional lower levels to consider: 6072.50…6068….6060
Nothing changes for PTG…Simply follow your plan.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 6115+-, initially targets 6135 – 6140 zone.
Bear Scenario: Price sustains an offer below 6115+-, initially targets 6105 – 6100 zone.
PVA High Edge = 6158 PVA Low Edge = 6133 Prior POC = 6148
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle for the NAZ (NQ). Key Daily Support Level is marked at 21860. Should that level break, expectation would be for a deeper decline. Range for this session was 234 handles on 519k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: This day begins a new cycle with the objective to find a secure low from which to stage the next rally. Average Decline Projection: 21835 – 21796 zone.
Break and hold below 21796 opens the “trap-door” to lower violation levels targeting 21662 – 21619.
ODDS OF DECLINE > 10 = 82%…> 20 = 76%
****As of this writing Sunday evening @ 7 pm, price has gapped lower to fulfill the lower Cycle Day 1 Violation Zone (21662 – 21619).
Additional lower levels to consider: 21530….21457 (Violation Extremes)
Nothing changes for PTG…Simply follow your plan.
PTG’s Primary Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, scenarios to consider for today’s trading.
Bull Scenario: Price sustains a bid above 21860+-, initially targets 21910 – 21960 zone.
Bear Scenario: Price sustains an offer below 21860+-, initially targets 21662 – 21619 zone.
PVA High Edge = 22076 PVA Low Edge = 21941 Prior POC = 22006
NQ (Profile)
Economic Calendar
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!
Good Trading…David
“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.” –BR
*****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.
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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