S&P 500 (ES)
Prior Session was Cycle Day 1: “The MATD Meat-Grinder & the Fryday Rip Job”
FRYday did FRYday things — a full-course meal of MATD chop, overnight extremes tagged to the tick, and bulls who showed up late but still managed to light the shorts on fire into the weekly close. Classic.
Overnight Playbook: Both Scenarios Served Hot
Before most traders finished their first sip of coffee, the DTS Briefing had already gone 2-for-2:
-
Bear Scenario took the wheel first:
Price broke 6575 and knifed straight into 6550–6540, while NQ printed its lower target 23905 with laser-guided precision. -
Then the Bull Scenario grabbed the baton:
Reclaim 6575 → launch toward 6595–6615 → and later press on toward the 3DCPZ 6649.25.
No surprises — just textbook PTG behavior. The overnight crew got the whole syllabus in one session.
RTH Session: Welcome to the MATD Funhouse
David called it early: “Expect a MATD rhythm.”
And boy… did the auction listen.
AR4 flipped more times than a short-vol trader in a CPI print. FVGs were popping like whack-a-mole. Everyone was seeing them — even the ones that shouldn’t count.
Volume expansions. Fake breaks. Reversals.
It was a liquidity blender.
Capital Preservation Day was the vibe. Zero need to overpress trades — the tape wasn’t paying for heroism.
For greater detail of how this day unfolded, click on the Trading Room RECAP 11.21.25 link.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Price carved out the Cycle Day 1 Low at 6525 during the overnight session, and RTH option-expiration flows dutifully came in to hammer that level repeatedly until the 11am hour. After that? The bulls finally wiped the sleep out of their eyes, grabbed the steering wheel, and muscled price back above 6600, flipping a stubborn ceiling into a fresh floor. PTG affectionately calls this the Law of Alternating Pivots — resistance cleared, support secured, equilibrium restored.
Sunday’s Globex opener pushed things a touch higher into the 6666 zone — numerology traders are already high-fiving — but still neatly tucked inside Friday’s range. With a short week ahead and Thanksgiving on deck, traders have at least one day to be grateful for all the chaos, volatility, and gifts the market bestows… whether we asked for them or not.
Bulls are eyeing a momentum reset after last week’s sector-rotation slap-fest, hoping to reassert dominance and remind everyone who runs this auction.
Bears, meanwhile, smell blood after gaining ground recently — and will absolutely try to press that advantage into any early-week hesitation.
Cycle Day 2 sets the stage.
The board is reset.
Let’s dance.
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 6630+-, initially targets 6665 – 6675 zone.
Bear Scenario: Price sustains an offer below 6630+-, initially targets 6600 – 6585 zone.
PVA High Edge = 6627 PVA Low Edge = 6531 Prior POC = 6566
ESZ
Nasdaq (NQ)
Prior Session was Cycle Day 1: Cycle Day delivered a “normal” decline establishing the low during the overnight session @ 23904.50. Options expiration was a full-blown slugfest. Think Rock’em Sock’em Robots, but both contenders had one arm duct-taped behind their backs and were still swinging like rent was due.
Bulls ultimately won the slugfest being able to rally price late morning and the early afternoon session, holding above the open range by the closing bell. Victory to end a volatile week.
Notable: Many individual Nasdaq companies are in their own bear markets as measured percentage declines from the highs. Here is a list courtesy of @MrTopStep X-Feed
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Today usually delivers those classic MATD consolidation rhythms — the market’s equivalent of a yoga class where everyone pretends they’re relaxed but is secretly watching the clock for the next impulse move.
Bulls strutted out of last week wearing freshly polished antlers, and they’re eyeing an easy “Turkey Trot” glide path into higher prices. They want smooth runway conditions and a drama-free ascent.
Bears, meanwhile, still have the taste of turkey-bull stew in their mouths and would happily keep that dish as a weekly special — extra gravy, no remorse. Make no mistake: both factions are still fully locked in for this week’s holiday skirmish.
Cycle Day 2 tends to be the market’s version of deep breathing… but with these two camps? Expect a few elbows thrown during meditation.
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 24400+-, initially targets 24550 – 24600 zone.
Bear Scenario: Price sustains an offer below 24400+-, initially targets 24280 – 24230 zone.
PVA High Edge = 24335 PVA Low Edge = 24000 Prior POC = 24214
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.
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