S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day “SUPER CYCLE” as price rallied 233.50 handles which is 287.34% of the average historical cycle range. Range for this holiday shortened session was 69.50 handles on 579k 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 12.24.24
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Having closed on the highs of the prior session, momentum may extend higher before the next cycle decline unfolds.
Average Decline for CD1 = 6066.75 – 6063.50
Odds of Decline > 10 = 79%: > 20 = 56%
Possible High for CD1 = 6113.25 – 6114.50
Volumes will be greatly reduced as many “decision-makers’ will be enjoying the holiday break. Nothing changes for us…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 6100, initially targets 6113 – 6115 zone.
Bear Scenario: Price sustains an offer below 6100, initially targets 6080 – 6075 zone.
PVA High Edge = 6099.50 PVA Low Edge = 6063.50 Prior POC = 6079
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day “SUPER CYCLE”. Range for this holiday shortened session was 340.75 handles on 256k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Having closed on the highs of the prior session, momentum may extend higher before the next cycle decline unfolds.
Average Decline for CD1 = 21937 – 21925
Odds of Decline > 10 = 74%: > 20 = 60%
Possible High for CD1 = 22094 – 22123
Volumes will be greatly reduced as many “decision-makers’ will be enjoying the holiday break. Nothing changes for us…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 22050, initially targets 22094 – 22123 zone.
Bear Scenario: Price sustains an offer below 22050, initially targets 21978 – 21957 zone.
PVA High Edge = 22008 PVA Low Edge = 21880 Prior POC = 21978
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