S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (6006.25) which has an 90.40% historical performance track history.
Positive 3-Day Cycle Statistic is defined as Price Above the Cycle Day 1 Low on Cycle Day 3. P > CD1 on CD3.
Bulls initially recovered approximately two-thirds of the Globex breakdown, though could not sustain (hold) bid, ultimately succumbing to the “risk-off” end-of-week positions squaring, closing in the lower quartile of the day’s range. Range for this session was 117 handles on 1.516M contracts exchanged..
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 6.13.25
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 5912.25.
Potential exists for a retest of the deep 5927.50 low set from last weeks Globex sell-down.
Key Level to be mindful of is the 5960 for a dynamic over/under. Given the Israel/Iran conflict is a fluid situation, best to maintain tight risk-controls and a flexible trade posture.
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 5980+-, initially targets 6010 – 6020 zone.
Bear Scenario: Price sustains an offer below 5980+-, initially targets 5960– 5950 zone.
PVA High Edge = 6010 PVA Low Edge = 5970 Prior POC = 5980
ESM
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (21790.75) which has an 90.40% historical performance track history. Range for this session was 444 handles on 483k 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 21351.50.
Potential exists for a retest of the deep 21471 low set from last weeks Globex sell-down. This low is considered a “poor-low.”
What is a “Poor-Low?”
A poor low is one which lacks excess and is the opposite of an excess low. A poor low will have less than two TPO’s of excess at the bottom of a daily range with at least 2-3 columns of TPO’s lining up to form a flat looking bottom. It indicates that there are short term or weak handed shorts at that low of day area. We know this because every time prices sell off to the low, they get covered quickly, thus forming the poor low.
The poor low has two forward looking indications. The first is that prices should bounce away from the poor low as there are a number of shorts trapped at poor location. The second is that if the next day or in some subsequent session, the poor low is revisited, then the odds are strong that it will break and move lower. This is called repair as it repairs the structure of the poor low that lacked symmetry without a proper “bottom”.
Source: https://www.shadowtrader.net/glossary/poor-low/
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 21660+-, initially targets 21775 – 21830 zone.
Bear Scenario: Price sustains an offer below 21660+-, initially targets 21598 – 21550 zone.
PVA High Edge = 21773 PVA Low Edge = 21598 Prior POC = 21658
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.”
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