S&P 500 (ES)
Prior Session was Cycle Day 3: Three-Day rally propelled price 250 pts (255.92%) exceeding cycle targets securing a “Super Cycle.” Contract Rollover is also in-effect as volumes were split between March and June contracts. Range for this session was 108 handles on 1.6M contracts exchanged.
FREE TRIAL link to PTG/Taylor Three Day Cycle
Reframing Negative Beliefs into Empowering Ones
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 3.17.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Normal for CD1 is for decline with the average measuring 5667.25.
Price has finally broken and reversed the one time-framing trend down conditions which had price decline to the 10% correction level.
This bounce/rally/reversal is not unexpected and actually is the “normal” response following a correction swing.
Next to monitor will be how far this rally phase extends before the next downturn, and if there is a solid buy response on the next dip lower. Generally, some back n fill base building would the the norm over the next days/weeks ahead. FOMC is the next Main Event on Wednesday. FED Watch Tool has probabilities at 98% no change in the current target rate between 4.25% – 4.50%
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 5725+-, initially targets 5745 – 5750 zone.
Bear Scenario: Price sustains an offer below 5725+-, initially targets 5715 – 5705 zone.
PVA High Edge = 5759 PVA Low Edge = 5705 Prior POC = 5730
ESM (June)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Three-Day rally propelled price in excess of 800 pts (+200%) exceeding cycle targets securing a “Super Cycle.” Contract Rollover is also in-effect as volumes were split between March and June contracts. Range for this session was 410 handles on 650k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Normal for CD1 is for decline with the average measuring 19703.75..
This bounce/rally/reversal is not unexpected and actually is the “normal” response following a correction swing.
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 20035+-, initially targets 20125 – 20170 zone.
Bear Scenario: Price sustains an offer below 20035+-, initially targets 19987 – 19950 zone.
PVA High Edge = 20054 PVA Low Edge = 19862 Prior POC = 19897
NQM
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