S&P 500 (ES)
Prior Session was Cycle Day 2: Normal CD2 rhythmic action as price retested the CD1 Low (6131) as outlined in the prior DTS Briefing 2.18.25. “Potential for price to decline and retest CD1 Low (6131) would be our anticipated lean for this cycle day.” Range for this session was 39 handles on 1.048M 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 2.18.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Having held the CD1 retest and consolidated throughout the day, closing with a firm bid, we would be looking for follow-through to the upside targeting the 6170 – 6175 zone cycle objective as the primary lean.
Failure to extend higher with reversal below 6120 handle negates the rally potential in favor of a deeper decline.
CD3 Average Range = 44 handles
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 6145+-, initially targets 6170 – 6175 zone.
Bear Scenario: Price sustains an offer below 6145+-, initially targets 6135 – 6130 zone.
PVA High Edge = 6142 PVA Low Edge = 6129 Prior POC = 6132
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 2: Normal CD2 as price initially dipped retesting CD1 Low (22192.50) consolidated then dipped again to the 3 Day Central Pivot Zone (22125 – 22102). Strong buy response unfolded, rallying price into the final bell, closing with a firm bid. Range for this session was 217 handles on 458k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Having held the 3 Day CPZ and closing with a firm bid, we would be looking for follow-through to the upside targeting the 22335 – 22351 zone cycle objective as the primary lean.
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 22245+-, initially targets 22335 – 22351 zone.
Bear Scenario: Price sustains an offer below 22245+-, initially targets 22192 – 22172 zone.
PVA High Edge = 22232 PVA Low Edge = 22140 Prior POC = 22172
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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