S&P 500 (ES)
Prior Session was Cycle Day 1: Price declined to successfully retest the 5763.50 level as outlined in the DTS Briefing 3.5.25 finding responsive buyers to secure 5750.75 as the CD1 Low. Range for this session was 118 handles on 2.214M 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 3.5.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Three-Day Cycle Target (5849) was fulfilled during the prior session on the closing rally, so we should be looking for some two-way consolidation to absorb the prior session’s “dip n rip.”
The Average Daily Ranges (image) have expanded increasing the intra-day swing volatility, so adjust your trading plan’s $risk management appropriately to the current conditions. This may take the form of position size reduction and/or switching to micro-contracts. Do what is right for your individual situation and do not be concerned what others may be doing.
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 5850+-, initially targets 5875 – 5880 zone.
Bear Scenario: Price sustains an offer below 5850+-, initially targets 5830 – 5825 zone.
PVA High Edge = 5865 PVA Low Edge = 5793 Prior POC = 5852
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined to 20215 where strong buy response developed securing the CD1 Low. Persistent buying unfolded throughout out the session closing price near highs of the day. Range for this session was 510 handles on 772k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: CD2 Target (20559) was fulfilled during the prior session on the closing rally, so we should be looking for some two-way consolidation to absorb the prior session’s “dip n rip.” Additional upside targets measure 20628…20652…20739.
CD2 Avg Range = 449 CD2 Avg Rally = 413
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 20655+-, initially targets 20743 – 20794 zone.
Bear Scenario: Price sustains an offer below 20655+-, initially targets 20520 – 20475 zone.
PVA High Edge = 20706 PVA Low Edge = 20398 Prior POC = 20655
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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