S&P 500 (ES)
Prior Session was Cycle Day 3: “Free to Move About the Cabin”
Morning action confirmed Cycle Day 1’s low (6843.25) was officially reclaimed, satisfying the 91.82% Positive 3-Day Cycle Statistic — textbook precision. With that milestone hit, the phrase of the day echoed across chatrooms and charts alike:
“Price is free to move about the cabin.”
Range was 97 handles on 1.625M contracts exchanged
For greater detail of how this day unfolded, click on the Trading Room RECAP 11.4.25 link.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1:
A new cycle begins with the average decline projection (6824) already exceeded during the prior session’s distribution-phase sell-off. Price closed near the session lows, underscored by a moderately large $2.1B Market-on-Close Sell Imbalance—clear evidence that bears currently have ball control.
A break below 6785 could embolden sellers further, triggering long liquidation and potentially accelerating downside momentum.
However, traders should be mindful of a possible “trap-city” scenario—if bears fail to follow through, that could spark a squeeze-play higher as trapped shorts scramble to cover.
Price now sits at a critical structural crossroads:
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Downside continuation zones: 6783 → 6773 → 6760 → 6749
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Failed breakdown response: watch for reactive buying and a momentum reversal back into the upper distribution.
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 6785+-, initially targets 6815 – 6820 zone.
Bear Scenario: Price sustains an offer below 6785+-, initially targets 6773 – 6760 zone.
PVA High Edge = 6826 PVA Low Edge = 6796 Prior POC = 6803
ESZ
Nasdaq (NQ)
Prior Session was Cycle Day 3: A positive 3-Day Cycle initially took shape as price rallied to reclaim the CD1 Low (25888.75) — a valiant early effort by the bulls. But that’s where the momentum story ended. Sellers swiftly jammed the “down-elevator” to capacity, igniting a volatility surge and sending the NAZ into freefall.
Meanwhile, the 0DTE Options Arena turned into a flood zone of PUT BUYING, amplifying the decline and effectively pouring jet fuel on the selloff.
In the end, it was only the closing bell that spared what few dare-devil longs remained from an even steeper descent.
Range for this session was 581 handles on 659k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day1
Transition into Cycle Day 1: Today begins a new cycle, with the average decline projection already well exceeded during the prior session’s steep descent. Price closed near the session lows, setting the stage for a potential spill-over continuation into today’s trade.
At present, bears hold the advantage and have a rare opportunity to force long liquidation—if they can maintain ball control below the prior low (25522.75).
Cycle Day 1 Violation Levels:
25415 → 25298 → 25255 → 25182
On the flip-side, bulls need to reclaim and convert the lost low to ignite a squeeze-play back toward the upper distribution range.
TOf 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 25522+-, initially targets 25650 – 25700 zone.
Bear Scenario: Price sustains an offer below 25522+-, initially targets 25365 – 25298 zone.
PVA High Edge = 25790 PVA Low Edge = 25585 Prior POC = 25765
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.”
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