S&P 500 (ES)
Prior Session was Cycle Day 1: Price extended the prior cycle’s rally up to the CD1 Penetration Level near 6340 during the Pre-RTH Session. Cash opening failed to auction higher than the 6325 – 6330 zone outlined in prior DTS Briefing 7.15.25. The remainder of the session was a slow drip as every rally attempt by the bulls was “swatted” back down as sellers were clearly in-control of this session’s rhythms.
The “trap door” was a break of the 6300 Line-in-the Sand (LIS) level as price ” flushed down” to fulfil Briefing’s 6295 – 6275 target zone Textbook as to the continued accuracy of PTG DTS Briefing’s acumen. Range was 70 handles on 1.230M contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 7.15.25
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 near the lows of the session, with anticipation of a “spill-over” into today’s trading before this cycle’s rally begins.
Normal for a Cycle Day 2 (CD2) would be an expectation of some balancing/consolidation MATD type rhythms to adjust for the CD1 selling and weak close (near the low of day).
Fed Chair Powell continues his testimony today as momentum has shifted to the sell-side, within the context of the multi-day range. Substantial weakness below 6275 opens the trap door further to explore the 6250 – 6245 lower range edges.
“PLAY YOUR GAME!”
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 6275+-, initially targets 6290 – 6295 zone.
Bear Scenario: Price sustains an offer below 6275+-, initially targets 6250 – 6245 zone.
PVA High Edge = 6337 PVA Low Edge = 6300 Prior POC = 6305
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: New cycle low was established @ 22996 as early price strength gave way to persistent selling throughout the session, closing near low of the day. Range for this session was 226 handles on 519k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Normal for a Cycle Day 2 (CD2) would be an expectation of some balancing/consolidation MATD type rhythms to adjust for the CD1 selling and weak close (near the low of day).
Price action remains well entrenched in a multi-day range consolidation pattern. Having closed near the CD1 Low, spill-over lower to attract new buyers is the most likely scenario . Lower levels of interest are marked at 22929 and 22855.
“PLAY YOUR GAME!”
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 23060 – 23100 zone.
Bear Scenario: Price sustains an offer below 23000+-, initially targets 22965 – 22935 zone.
PVA High Edge = 23178 PVA Low Edge = 23103 Prior POC = 23153
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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