S&P 500 (ES)
Prior Session was Cycle Day 2: Textbook CD2 as price oscillated within the upper and lower expected range parameters (5613 – 5682) forming “balanced consolidation” rhythms. Range for this session was 94 handles on 1.810M 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 4.1.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Cycle objective (5634) has been satisfied. As such we’ll mark this day as a “wild-card” for direction.
Today is the infamous “liberation-day” as expected tariffs are slated to go into effect. This has been a highly broadcasted event, with the markets positioning for the worse-case scenarios.
Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods. To do this, Trump has said he’ll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products.
But a lot remains unknown about how these levies will actually be implemented. White House press secretary Karoline Leavitt said Monday that Trump would unveil his plans to place reciprocal tariffs on nearly all American trading partners on Wednesday, but maintained that the details are up to the president to announce.
Source: heraldledger.com
The BIG WILD-CARD is President Trump himself, as at any moment he could adjust / modify the terms of any and all of the expected tariffs. Be on alert for the dreaded Trump Tweet Bomb (TTB).
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 5675+-, initially targets 5700 – 5720 zone.
Bear Scenario: Price sustains an offer below 5675+-, initially targets 5650 – 5630 zone.
PVA High Edge = 5682 PVA Low Edge = 5636 Prior POC = 5675
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 2: Textbook CD2 as price oscillated within the upper and lower expected range parameters (19305 – 19646) forming “balanced consolidation” rhythms. Range for this session was 382 handles on 783k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Cycle objective (19491) has been satisfied. As such we’ll mark this day as a “wild-card” for direction.
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 19630+-, initially targets 19750 – 19790 zone.
Bear Scenario: Price sustains an offer below 19630+-, initially targets 19500 – 19400 zone.
PVA High Edge = 19547 PVA Low Edge = 19325 Prior POC = 19397
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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