S&P 500 (ES)
Prior Session was Cycle Day 2: Wacky Wednesday as what was starting out to be a Normal CD2 with price /balancing/consolidating within the upper target zone, turned into Trump Tape Bomb (TTB) fest. Speculation of a JPOW firing rattled traders.
Whip-Lash with sharp price spikes fulfilled the downside 6250 – 6240 price projection outlined in the DTS Briefing 7.16.25. Reversal back to the upside to 6300 into the final bell.
Range was 67 handles on 1.409M contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Summer sizzle with Trump Tape Bomb (TTB) headlines driving the intra-day rhythms.
Price remains rangebound in a 100 handle range between 6240 – 6340. If you are looking for snappy action, then take advantage of the mid-summer sizzle.
For Cycle Day 3 (CD3) price is above the CD1 Low (6272.50) which has a 90.91% historical Positive 3-Day Cycle performance record.
Price will need to trade above this level to secure a positive cycle for today.
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 6290+-, initially targets 6305 – 6310 zone.
Bear Scenario: Price sustains an offer below 6290+-, initially targets 6275 – 6270 zone.
PVA High Edge = 6300 PVA Low Edge = 6275 Prior POC = 6283
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 2: Wacky Wednesday as what was starting out to be a Normal CD2 with price /balancing/consolidating within the upper target zone, turned into Trump Tape Bomb (TTB) fest. Speculation of a JPOW firing rattled traders. Range was 264 handles on 540k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
For Cycle Day 3 (CD3) price is above the CD1 Low (22996) which has a 90.91% historical Positive 3-Day Cycle performance record.
Price will need to trade above this level to secure a positive cycle.
Price remains rangebound in a 100 handle range between 22600 -23200. If you are looking for snappy action, then take advantage of the mid-summer sizzle.
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 23000+-, initially targets 23100 – 23135 zone.
Bear Scenario: Price sustains an offer below 23000+-, initially targets 22965 – 22925 zone.
PVA High Edge = 23063 PVA Low Edge = 22963 Prior POC = 22983
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.
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