S&P 500 (ES)
Prior Session was Cycle Day 2: Markets continued this cycle’s rally surpassing targets finding resistance at the 3-Day Central Pivot Zone (6099 – 6106). Range for this session was 82 handles on 1.523M 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 1.28.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Three-Day Cycle targets have been fulfilled. We’ll mark this session as a “wild-card” given today’s BIG EVENT is the FOMC and Presser.
Nothing changes for PTG…Simply follow your plan.
Below previewing the FOMC Meeting taken from reliable sources across the investing spectrum.
The Federal Open Market Committee (FOMC) is currently holding its first meeting of 2025 on January 28-29. Analysts widely anticipate that the Federal Reserve will maintain the federal funds rate at its current range of 4.25% to 4.50%, following a series of rate cuts in late 2024.
Recent economic indicators present a mixed picture. December saw a slight uptick in job creation, with 256,000 positions added, surpassing expectations. However, consumer confidence dipped to 104.1 in January from 109.5 the previous month, missing economists’ expectations.
Inflation remains a focal point for the Fed. The Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, is expected to show a 2.6% year-over-year increase for December, marking the third consecutive rise and the fastest annual pace since May. This persistent inflation suggests that rate cuts are unlikely in the near term.
Additionally, potential policy shifts under President Trump’s administration, such as proposed tariff increases, could influence the Fed’s decisions. Tariffs may exert upward pressure on inflation, complicating the Fed’s mandate to maintain price stability.
In summary, while the Fed is expected to keep interest rates steady in the upcoming announcement, it will continue to monitor economic data and policy developments closely to inform future monetary policy decisions.
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 6090+-, initially targets 6105 – 6115 zone.
Bear Scenario: Price sustains an offer below 6090+-, initially targets 6075 – 6065 zone.
PVA High Edge = 6104 PVA Low Edge = 6070 Prior POC = 6100
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 2: Markets continued this cycle’s rally surpassing targets finding resistance at the 3-Day Central Pivot Zone (21544 – 21554). Range for this session was 466 handles on 649k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Three-Day Cycle targets have been fulfilled. We’ll mark this session as a “wild-card” given today’s BIG EVENT is the FOMC and Presser.
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 21553+-, initially targets 21610 – 21625 zone.
Bear Scenario: Price sustains an offer below 21553+-, initially targets 21515 – 21483 zone.
PVA High Edge = 21622 PVA Low Edge = 21337 Prior POC = 21552
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.
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