S&P 500 (ES)

Prior Session was Cycle Day 2: Normal CD2 unfolded with price producing an inside day consolidation as traders continued to be in a holding pattern awaiting the outcome of the weekend US/China talks in Switzerland.

Volatility continues to contract with the 3 Day ATR registering 82 handles.

Range was 52 points on 982k contracts exchanged.

FREE TRIAL link to PTG/Taylor Three Day Cycle

For a more detailed recap of the trading session, click on this link: Trading Room RECAP 5.8.25

…Transition from Cycle Day 2 to Cycle Day 3

Transition into Cycle Day 3: GLOBEX Opening Gap higher as it is widely reported that the US/China trade deal negotiations have yielded positive results which are designed to continue to move in a constructive pathway to long lasting balanced trade. 

Initial futures reaction is expectedly bullish but with a err of caution. As more details become known regarding the US/China deal, the markets will need to absorb and assess the future implications.

Traders are expected to remain “cautiously optimistic” giving the President the benefit of the doubt regarding the extent of the US/China trade deal.

 

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 5715+-, initially targets 5750 – 5770 zone. 

Bear Scenario: Price sustains an offer below 5715+-, initially targets 5680 – 5665 zone.

PVA High Edge = 5688    PVA Low Edge = 5667         Prior POC = 5677

   ESM

Nasdaq (NQ)

Prior Session was Cycle Day 2: Normal CD2 unfolded with price producing an inside day consolidation as traders continued to be in a holding pattern awaiting the outcome of the weekend US/China talks in Switzerland. Range was 230 points on 447k contracts exchanged. 

…Transition from Cycle Day 2 to Cycle Day 3

Transition into Cycle Day 3: Price has vaulted higher on the GLOBEX Opening into the upper Money Box Zone between 20454 – 20501 and the Cycle Day 3 Penetration target (20478).

Positive 3-Day Cycle statistic (89%) is expected to be fulfilled with price above the CD1 Low (19910.75)

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 20290+-, initially targets 20455 – 20500 zone. 

Bear Scenario: Price sustains an offer below 20290+-, initially targets 20185 –  20140 zone.

PVA High Edge = 20183     PVA Low Edge = 20088         Prior POC = 20188

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