S&P 500 (ES)
Prior Session was Cycle Day 1: Price momentum spilled over into this session on a GLOBEX true gap, fulfilling 6445 CD1 Penetration Level.
As price headed into the RTH opening the overnight gap was closed, as price “chopped” around trying to get established a directional bearing. Downside probe below today’s 6425 Line in the Sand (LIS) found responsive buyers precisely at the 6415 lower target as outlined in the prior DTS Briefing 7.28.25.
Lower probe late afternoon established CD1 Low @ 6408.75 as price rallied into the closing bell on a MOC Buy Program. Range was 49 handles on 913k contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 7.28.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Price closed at 6425 Point of Control (POC) for a neutral session. Dip buyers continue to be active as price value area is trending higher, which denotes acceptance.
Normal for a Cycle Day 2 (CD2) would be an expectation of some back n fill balancing and consolidation MATD type rhythms.
Traders are in “wait-mode” for the all-important FED DAY (presser) on Wednesday.
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 6425+-, initially targets 6440 – 6445 zone.
Bear Scenario: Price sustains an offer below 6425+-, initially targets 6410 – 6405 zone.
PVA High Edge = 6432 PVA Low Edge = 6415 Prior POC = 6427
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: New cycle low was established @ 23436.75 as early price strength propelled price higher to fulfill upside cycle targets, followed by a reversal to fill the overnight gap. Range for this session was 148 handles on 419k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Normal for a Cycle Day 2 (CD2) would be an expectation of some back n fill balancing and consolidation MATD type rhythms.
TECH Earnings: This week is packed with earnings reports from major tech companies, including Microsoft, Meta, Apple, and Amazon.
These reports are expected to be a key driver for market direction this week.
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 23485+-, initially targets 23540 – 23560 zone.
Bear Scenario: Price sustains an offer below 23485+-, initially targets 23455 – 23435 zone.
PVA High Edge = 23507 PVA Low Edge = 23455 Prior POC = 23485
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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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