S&P 500 (ES)
Prior Session was Cycle Day 2: Gap higher opening vaulted price past cycle extreme levels during the morning session with an afternoon pullback to successfully hold bid above the overnight gap level.
Overall it was a normal CD2 as price established a trading range with a downward lean once the extreme high was in-place, with decent two-way trade rhythm.
Range was 122 points on 1.750M 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 4.23.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price targets for this cycle have been fulfilled, so we will mark today as a “Wild-Card” for direction. Bulls currently remain in-control and it is theirs to lose.
There is an “open-gap” between 5375 and 5340 that has the potential to get filled during this session, which would be a normal and expected outcome. Failure to close the gap would embolden the bullish camp even further, potentially pushing price to retest the 5500 level.
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 5385+-, initially targets 5455 – 5500 zone.
Bear Scenario: Price sustains an offer below 5385+-, initially targets 5360 – 5340 zone.
PVA High Edge = 5455 PVA Low Edge = 5385 Prior POC = 5410
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 2: Gap higher opening vaulted price past cycle extreme levels during the morning session with an afternoon pullback to successfully hold bid above the overnight gap level.
Overall it was a normal CD2 as price established a trading range with a downward lean once the extreme high was in-place, with decent two-way trade rhythm. Range was 541 points on 724k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Price targets for this cycle have been fulfilled, so we will mark today as a “Wild-Card” for direction. Bulls currently remain in-control and it is theirs to lose.
There is an “open-gap” between 18730 and 18515 that has the potential to get filled during this session, which would be a normal and expected outcome. Failure to close the gap would embolden the bullish camp even further, potentially pushing price to retest the 19165 level
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 18850+-, initially targets 18995 – 19100 zone.
Bear Scenario: Price sustains an offer below 18850+-, initially targets 18725 – 18625 zone.
PVA High Edge = 18995 PVA Low Edge = 18725 Prior POC = 18884
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