S&P 500 (ES)
Prior Session was Cycle Day 1: Normal CD1 as price declined establishing a new cycle low @ 5884.
Fantastic trading session as both upper and lower price levels outlined in prior DTS Briefing 5.29.25 were fulfilled.
Rhythms for this session were as is labeled “Range – Runner”, meaning price rallied during the overnight and price sold back down during the RTH Session, running the entire range up and down.
Range for Friday’s session was 124 handles on 1.368M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 5.29.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Typically for CD2 we would be anticipating MATD trading range rhythms to adjust for the latest round of TTB Ping Pong.
End of Month “Window-Dressing” may be in full-effect today as price is trading within a 3-day balance zone between 5900 – 5935.
Be prepared for the shenanigans and potential whip-saw rhythms as traders square positions ahead of the weekend.
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 5920+-, initially targets 5930 – 5935 zone.
Bear Scenario: Price sustains an offer below 5920+-, initially targets 5905 – 5900 zone.
PVA High Edge = 5944 PVA Low Edge = 5910 Prior POC = 5914
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 1: Normal CD1 as price declined establishing a new cycle low @ 21301. Range for this session was 557 handles on 559k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Typically for CD2 we would be anticipating MATD trading range rhythms to balance the recent “range-runner” rhythm.
The MAGS Merry-Ground Round will be spinning today as end of month window-dressing and earnings absorption gets filtered and value repriced.
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 21330+-, initially targets 21450 – 21520 zone.
Bear Scenario: Price sustains an offer below 21330+-, initially targets 21225 – 21195 zone.
PVA High Edge = 21596 PVA Low Edge = 21321 Prior POC = 21441
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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