S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (6323.25) which has an 91.04% 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.
In-fact price successfully back tested the prior CD1 Low throughout the day finding responsive buyers on each occasion. This action strengthens this level as one to be marked “SIGNIFICANT” or “MAGNIFICENT” for future reference.
Range for this session was 35 handles on 1.092M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 7.22.25
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 6315 (Recap) and 6296 (Recap-MA).
Rangebound conditions persist near the ATH as traders continue to be BTFD players. The current multi-day range is marked between 6320 – 6374.
You can see the reason 6323 continued to elicit buy responses on multiple back tests, as noted above.
Mr. Market is keeping on the heater, so be sure to KEEP KOOL!
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 6345+-, initially targets 6355 – 6360 zone.
Bear Scenario: Price sustains an offer below 6345+-, initially targets 6325– 6320 zone.
PVA High Edge = 6349 PVA Low Edge = 6330 Prior POC = 6336
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price secured a rally above the CD1 Low (23169.50) which has an 91.04% historical performance track history.
We marked this session as a “Wild-Card” for direction and it did not disappoint. Price swung between Briefing’s Line in the Sand and the lower CD3 Violation Level, ultimately closing neutral mid-VWAP. Range for this session was 259 handles on 530k 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 23231 (Recap) and 23109 (Recap-MA).
Magnificent 7 (MAGS-7) continue to hold bid on dips as earning season is coming into sharper view.
We’ll be paying very close attention to these reports as they can be the catalyst to significant volatility.
Also notable to keep mindful of is the August 1st Tariff deadline, so keep on your calendar of events.
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 23200+-, initially targets 23280– 23320 zone.
Bear Scenario: Price sustains an offer below 23200+-, initially targets 23140 – 23100 zone.
PVA High Edge = 23253 PVA Low Edge = 23153 Prior POC = 23218
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