S&P 500 (ES)
Prior Session was Cycle Day 2: Markets paused today from last week’s frantic pace. It was a normal CD2 as price established a trading range between DTS Briefing’s 5395 Line in the Sand (LIS) and the upper target zone (5475 – 5490) with ultra-precision.
This was a welcomed rhythm shift as traders were able to rebalance their positions and to reassess market expectations.
This week is Passover/Holy Week, as markets will be closed for Good Friday observance. Barring any new tariff development, markets will continue to seek stabilization and value area acceptance between 5200 – 5500 edges.
Reframing Negative Beliefs into Empowering Ones
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 4.14.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price targets for this cycle have been fulfilled, so we’ll mark today as a “wild-card” for directional lean. As stated above, markets will continue to seek stabilization, albeit within a fairly wide trading range.
There is plenty of room for intra-day sharp directional moves, so remain rigid with your trade plan yet flexible to changing conditions.
This remains a very complex environment to assess,. Buy the Dip? Sell the Rip? Acceptance / Rejection Levels? Lots of questions, no clear answers. Keep Calm and we’ll be just fine.
Please refer to the Price Limits page at the CME Group >> https://www.cmegroup.com/trading/price-limits.html
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 5445+-, initially targets 5475 – 5500 zone.
Bear Scenario: Price sustains an offer below 5445+-, initially targets 5390 – 5375 zone.
PVA High Edge = 5478 PVA Low Edge = 5418 Prior POC = 5458
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 2: Range for this session was a more muted 518 handles on 564k contracts exchanged. This day-type was a Neutral D-Shaped Profile, suggesting balanced consolidation.
Learn more about: Understanding the 4 Common Volume Profile Shapes in Trading
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price targets for this cycle have been fulfilled, so we’ll mark today as a “wild-card” for directional lean. As stated above, markets will continue to seek stabilization, albeit within a fairly wide trading range.
There is plenty of room for intra-day sharp directional moves, so remain rigid with your trade plan yet flexible to changing conditions.
This remains a very complex environment to assess,. Buy the Dip? Sell the Rip? Acceptance / Rejection Levels? Lots of questions, no clear answers. Keep Calm and we’ll be just fine.
Risk Management is paramount, so be sure to review your trading plan to confirm safe-guards.
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 18900+-, initially targets 19050 – 19150 zone.
Bear Scenario: Price sustains an offer below 18900+-, initially targets 18735 – 18665 zone.
PVA High Edge = 19182 PVA Low Edge = 18922 Prior POC = 19042
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.
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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