S&P 500 (ES)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined, exceeding the CD1 Average Decline Projection (5674.25), and established a new Cycle Low @ 5651.25. Range for this session was 72 handles on 1.464M 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 3.21.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Market on Close Buy Imbalance $8.5 billion drove price higher into the prior session’s closing bell, completing a gamma-driven triple options expiry.
Price begins this week at top end (5725) of the 5-day value area. Low end marked at 5650. (75 handle range)
Bullish momentum may push price higher, although we’ll be anticipating continued back n forth price rotation as traders reposition portfolios following opex assignments.
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 5740 – 5750 zone.
Bear Scenario: Price sustains an offer below 5725+-, initially targets 5705 – 5695 zone.
PVA High Edge = 5677 PVA Low Edge = 5658 Prior POC = 5671
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined and established a new Cycle Low @ 19602.25. Range for this session was 375 handles on 592k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Market on Close Buy Imbalance $8.5 billion drove price higher into the prior session’s closing bell, completing a gamma-driven triple options expiry.
Bullish momentum my push price higher, although we’ll be anticipating continued back n forth price rotation as traders reposition portfolios following opex assignments.
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 19970+-, initially targets 20082 – 20100 zone.
Bear Scenario: Price sustains an offer below 19970+-, initially targets 19880 – 19855 zone.
PVA High Edge = 19918 PVA Low Edge = 19715 Prior POC = 19855
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