S&P 500 (ES)
Prior Session was Cycle Day 2: Market forces decided to continue this cycle’s sell-down during the morning session, hitting statistical extremes before finding responsive buyers to rally back during the afternoon session closing in the midpoint zone for the day. Range for this session was 112 handles on 1.537M 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 12.27.24
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Markets open the final two trading sessions below the CD1 Low (6063.25) with historical odds (92%) of reclaiming during CD3.
Volumes will be greatly reduced as many “decision-makers’ will be enjoying the holiday break. Nothing changes for us…Simply follow your plan.
-Average Rally for CD3 = 6146 – 6155
Odds of Rally > 10 = 88%: > 20 = 68%
PTG will be taking some time off this week to rest and recharge the battery-pack. We’ll be back in “full-metal-jacket” on January 6th.
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 6030, initially targets 6045 – 6055 zone.
Bear Scenario: Price sustains an offer below 6030, initially targets 6005 – 5995 zone.
PVA High Edge = 6031 PVA Low Edge = 5995 Prior POC = 6028
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 2: Market forces decided to continue this cycle’s sell-down during the morning session, hitting statistical extremes before finding responsive buyers to rally back during the afternoon session closing in the midpoint zone for the day. Range for this session was 509 handles on 555k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 3: Markets open the final two trading sessions below the CD1 Low (21870.25) with historical odds (92%) of reclaiming during CD3.
Volumes will be greatly reduced as many “decision-makers’ will be enjoying the holiday break. Nothing changes for us…Simply follow your plan.
Average Rally for CD3 = 22305 – 22355
Odds of Rally > 10 = 96%: > 20 = 85%
PTG will be taking some time off this week to rest and recharge the battery-pack. We’ll be back in “full-metal-jacket” on January 6th.
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 21700, initially targets 21805 – 21832 zone.
Bear Scenario: Price sustains an offer below 21700, initially targets 21627 – 21606 zone.
PVA High Edge = 21696 PVA Low Edge = 21519 Prior POC = 21564
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