S&P 500 (ES)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined, reaching their Violation Levels, and established a new Cycle Low @ 5533.75. End of Month/Quarter rebalancing along with the JPMorgan Quarterly Options Collar were the core drivers for this session. Range for this session was 139 handles on 2.096M 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 3.31.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Price has fulfilled the 3-Day Cycle Objective (5634.50) during the prior heavily influenced session. Normal for a CD2 would be for some balancing and consolidation of previous EOM/EOQ activity.
Market participants now turn their attention to April 2nd Tariff “liberation day” and the potential uncertainty of the long-term implications on the economy and markets. Stay Tuned…
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 5645+-, initially targets 5665 – 5670 zone.
Bear Scenario: Price sustains an offer below 5645+-, initially targets 5620 – 5615 zone.
PVA High Edge = 5631 PVA Low Edge = 5534 Prior POC = 5587
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as price declined, reaching their Violation Levels, and established a new Cycle Low @ 18976.75. End of Month/Quarter rebalancing along with the JPMorgan Quarterly Options Collar were the core drivers for this session. Range for this session was 513 handles on 829K contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Price has fulfilled the 3-Day Cycle Objective (19491) during the prior heavily influenced session. Normal for a CD2 would be for some balancing and consolidation of previous EOM/EOQ activity.
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 19415+-, initially targets 19470 – 19490 zone.
Bear Scenario: Price sustains an offer below 19415+-, initially targets 19295 – 19235 zone.
PVA High Edge = 19284 PVA Low Edge = 19042 Prior POC = 19222
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