S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day “SUPER CYCLE” as price rallied 369.75 pts (266.43%) completing the cycle in-style by fulfilling the CD3 Penetration Levels and closing on highs of the day.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 4.24.25
Range for this session was 187 handles on 1.750M contracts exchanged..
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact and levels are now beginning to encompass the recent spike in Average True Range (215).
Today begins a new cycle with the average decline projection measuring 5386.
Prior session closed near high of day (5541.50) with bulls in solid control. Failure to expand above this level, followed by a reversal below 5495 would call for a potential reassessment of the bulls resolve, as price is at a “key inflection level” on the broader time frame.
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 5520+-, initially targets 5555 – 5565 zone.
Bear Scenario: Price sustains an offer below 5520+-, initially targets 5500– 5475 zone.
PVA High Edge = 5518 PVA Low Edge = 5455 Prior POC = 5495
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: Bulls extended this cycle’s rally to fulfill upper Penetration Levels contributing to the SUPER CYCLE status. Alphabet (GOOGL) reported better than expected earnings after the close. Range for this session was 823 handles on 589k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Cycle dynamics remain intact and levels are now beginning to encompass the recent spike in Average True Range (696).
Today begins a new cycle with the average decline projection measuring 18725.50
Capital Preservation FRYDAY…Keep grinding the wheel everyone and make forward progress.
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 19390+-, initially targets 19467 – 19493 zone.
Bear Scenario: Price sustains an offer below 19390+-, initially targets 19220 – 19120 zone.
PVA High Edge = 19388 PVA Low Edge = 18997 Prior POC = 19257
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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