S&P 500 (ES)
Prior Session was Cycle Day 1: This session was a normal Cycle Day 1 as decline established a new cycle low at 5987 during GLOBEX, at which time the rally began. RTH session opened with a continuation of the overnight rally, fulfilling 6060 – 6065 3 Day Central Pivot Zone. Range for this session was 82 handles on 1.273M 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 2.4.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Having fulfilled initial upside objectives rallying off the deep “tariff-lows”, expectation for CD2 will be for a normal rhythmic Market/Morning After Trend Day (MATD).
Odds of Rally > 10 = 89%
Odds of Rally > 20 = 63%
Corporate earnings will now be the core focus of portfolio managers, analysts and traders, with the occasional Trump Tape Bomb (TTB) that will continue to add “spice” to the trading rhythms.
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 6045+-, initially targets 6065 – 6070 zone.
Bear Scenario: Price sustains an offer below 6045+-, initially targets 6020 – 6015 zone.
PVA High Edge = 6067 PVA Low Edge = 6043 Prior POC = 6045
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 1: This session was a normal Cycle Day 1 as decline established a new cycle low at 21242.50 during GLOBEX, at which time the rally began. RTH session opened with a continuation of the overnight rally, fulfilling the 21690.50 cycle target with “ultimate-precision.” Range for this session was 451 handles on 491k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Having fulfilled initial upside objective rallying off the deep “tariff-lows”, expectation for CD2 will be for a normal rhythmic Market/Morning After Trend Day (MATD).
Odds of Rally > 20 = 91% Odds of Rally > 25 = 87%
Corporate earnings will now be the core focus of portfolio managers, analysts and traders, with the occasional Trump Tape Bomb (TTB) that will continue to add “spice” to the trading rhythms.
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 21550+-, initially targets 21655 – 21695 zone.
Bear Scenario: Price sustains an offer below 21550+-, initially targets 21465 – 21435 zone.
PVA High Edge = 21686 PVA Low Edge = 21544 Prior POC = 21636
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