S&P 500 (ES)
Prior Session was Cycle Day 1: This session’s low (6000 – ESU) was established “1st” during the GLOBEX opening.
NOTE: Typically when the CD1 Low is established 1st (low) in the session, the expectation is for a strong trend to develop into the RTH session. This is exactly what unfolded for this cycle day.
Contract Rollover to September (U) from June (M) had a positive impact on price volumes migrating to the forward contract. Sellers were essentially absent from this session dominated by buyers during the Morning portion of the day. The remainder of the day had price slowly pulling back from the early highs, settling near mid-VWAP. Range for this session was 109 handles on 757k. (split-volume)
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 6.16.25
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 CD1 activity.
Israel/Iran conflict remains fluid which could impact traders decision-making and risk tolerance.
Although yesterday’s up trend had traders easing conflict concerns, this sentiment could instantly change.
We want to be paying close attention to price action near yesterday’s opening range (6066.25 – 6078.75 should that zone be tested. Keep vigilant for the very best opportunities and manage $risk.
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 6075+-, initially targets 6085 – 6090 zone.
Bear Scenario: Price sustains an offer below 6075+-, initially targets 6055 – 6050 zone.
PVA High Edge = 6103 PVA Low Edge = 6082 Prior POC = 6088
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: Price established the CD1 Low (21726) during the GLOBEX opening, then proceeded to rally throughout and into the RTH session, capping 22222 as high of the day. Range for this session was 315 handles on 509k 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 adjust for the latest CD1 activity.
Although yesterday’s up trend had traders easing conflict concerns, this sentiment could instantly change.
We want to be paying close attention to price action near yesterday’s opening range (22014 – 22100) should that zone be tested. Keep vigilant for the very best opportunities and manage $risk.
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 22100+-, initially targets 22170 – 22210 zone.
Bear Scenario: Price sustains an offer below 22100+-, initially targets 22014 – 21985 zone.
PVA High Edge = 22216 PVA Low Edge = 22136 Prior POC = 22170
NQU
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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