S&P 500 (ES)
Prior Session was Cycle Day 2: Theme of the Day: “FRYday = Capital Preservation”
FRYday lived up to its disciplined reputation — a day of protecting the week’s gains, executing with precision, and recognizing when enough is enough. Both PTGDavid and Manny reinforced the importance of process over prediction, guiding the room through a session that delivered both educational gems and solid trade opportunities.
Range was 46 handles on 1.308M contracts exchanged.
For greater detail of how this day unfolded, click on the Trading Room RECAP 10.3.25 link.
****Special Bonus: The Week Ahead – Episode 156 Jim Dalton
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price begins the new week still in a bullish uptrend as value continues to migrate higher.
Friday’s afternoon liquidation break did not create any structural damage as longs simply closed out positions ahead of the weekend. Typically end of week “risk-off” position squaring.
Price is currently above the CD1 Low (6741.50) and as long as price trades above during RTH, the 3-Day Cycle will be satisfied. P > CD1 Low on CD3.
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
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 6765+-, initially targets 6780 – 6785 zone.
Bear Scenario: Price sustains an offer below 6765+-, initially targets 6755 – 6750 zone.
PVA High Edge = 6787 PVA Low Edge = 6762 Prior POC = 6772
ESZ
Nasdaq (NQ)
Prior Session was Cycle Day 2: Failure to extend above the CD1 High (25170) set up a failure/reversal into the RTH session, which sparked long liquidation throughout the session. This was more of a “technical failure” rather than fresh new selling, as no structural supports were broken. Just a “garden variety” end of week risk off ahead of the weekend, particularly given the Gov’t Shutdown.
Range was 273 handles on 482k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price is currently above the CD1 Low (24993.75) which if held, will satisfy the 91.49% historical Positive #-Day Cycle Statistic.
Price begins the new week still in a bullish uptrend as value continues to migrate higher.
We’ll be monitoring Friday’s Low (24924) for any attempt to break below and conversion, which could be viewed as an initial Sign of Weakness (SOW).
Of course, nothing changes for PTG…Simply follow your plan. Take only Triple A setups and manage the $risk. ALWAYS HAVE HARD STOP-LOSSES in-place on the exchange.
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 24980+-, initially targets 25087 – 25120 zone.
Bear Scenario: Price sustains an offer below 24980+-, initially targets 24945 – 24920 zone.
PVA High Edge = 25158 PVA Low Edge = 25013 Prior POC = 25118
NQZ
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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