S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (6000) which has an 90.48% 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.
It was an interesting session as sellers attempted to push lower during GLOBEX, but was rejected, trapping short sellers below the 6030 prior low.
During RTH session, the “squeeze-play” was in full-gear, rallying price up to the upper distribution edge near 6075. That was all the buyers had for fuel, as price proceeded to “stealthily” reverse direction, culminating in a press into the VWAP and the FED announcement presser. As JPOW “jib-jabbed” the price rhythm can be characterized as a series of “snaps and traps” for the remainder of the day, with price settling in the lower quartile of the day’s range. Range for this session was 56 handles on 1.112M contracts exchanged..
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 6.18.25
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 6035 (Recap) and 5945 (Recap-MA).
Today is the Juneteenth Holiday as Cash Markets are closed in observance, while the Futures Markets close early @ 1:15 et.
The PTG Community will take this opportunity to also relax and recharge the “trading batteries!”
Health and Well Being is the cornerstone for a long and successful trading career! Take Advantage!
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 6030+-, initially targets 6045 – 6050 zone.
Bear Scenario: Price sustains an offer below 6030+-, initially targets 6015– 6010 zone.
PVA High Edge = 6064 PVA Low Edge = 6038 Prior POC = 6057
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (21726) which has an 90.48% historical performance track history. Range for this session was 235 handles on 444k 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 21963 (Recap) and 21549 (Recap-MA).
Today is the Juneteenth Holiday as Cash Markets are closed in observance, while the Futures Markets close early @ 1:15 et.
The PTG Community will take this opportunity to also relax and recharge the “trading batteries!”
Health and Well Being is the cornerstone for a long and successful trading career! Take Advantage!
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 21950+-, initially targets 22002 – 22051 zone.
Bear Scenario: Price sustains an offer below 21950+-, initially targets 21862 – 21830 zone.
PVA High Edge = 22047 PVA Low Edge = 21947 Prior POC = 22002
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.
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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