S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day “SUPER CYCLE” as price rallied 239.75 pts (146.76%) courtesy of the US/China trade deal secured this past weekend in Switzerland.
GLOBEX gap opening also held RTH Gap open with buyers sustaining bid throughout the session, finalizing the day with a $3 Billion Market on Close Buy Imbalance which vaulted price to fulfill the 5874.55 Cycle Day 3 projected range target.
Range for this session was 142 handles on 1.672M contracts exchanged..
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 5.12.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 5718.25.
Price is clearly extended although many Commodity Trading Advisors (CTAs) Now are Buyers In Every Scenario As Buybacks Accelerate And Bearish Funds Capitulate.
Key structural level that is a “MUST DEFEND” on any pullback is the 5815 handle. Failure to hold opens trap door back down to 5735 gap open.
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 5850+-, initially targets 5875 – 5895 zone.
Bear Scenario: Price sustains an offer below 5850+-, initially targets 5825– 5815 zone.
PVA High Edge = 5862 PVA Low Edge = 5826 Prior POC = 5852
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day “SUPER CYCLE” as price rallied 1086 pts courtesy of the US/China trade deal secured this past weekend in Switzerland. Range for this session was 619 handles on 624k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Today begins a new cycle with the average decline projection measuring 20302.75
Perma-Bears and counter-trend traders continue to struggle in this environment, defying the law of market logic (stay with the trend). These people trade on an entrenched vision of the sky is falling.
Markets shifted to “trend-up” on April 23rd, yet they are simply too blind to see.
Polaris Trading Group’s premise of staying aligned with the dominant trend direction continues to serve our community well.
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 20870+-, initially targets 21000 – 21080 zone.
Bear Scenario: Price sustains an offer below 20870+-, initially targets 20760 – 20702 zone.
PVA High Edge = 20969 PVA Low Edge = 20789 Prior POC = 20914
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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