S&P 500 (ES)
Prior Session was Cycle Day 2: Textbook CD2 as price held above the 6390 Line in the Sand (LIS) and fulfilled the 6415 D-Level target with ULTRA PRECISION, as outlined in the prior DTS Briefing 7.24.25.
IF you have been faithfully following the DTS Briefing’s, then today’s activity should be of no surprise MATD rhythms.
Range was 26 handles on 1020M contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Primary cycle target (6390) has been achieved. So with price consolidating near the ATH,, we’ll mark this session as a “Wild-Card.”
For Cycle Day 3 (CD3) price is above the CD1 Low (6342.75) which has a 91.04% historical Positive 3-Day Cycle performance record.
Bulls continue to dominate as it appears short-sellers have no appetite to challenge the charging bull.
As such, given it is FRYday, that means CAPITAL PRESERVATION DAY!
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 6405+-, initially targets 6420 – 6425 zone.
Bear Scenario: Price sustains an offer below 6405+-, initially targets 6390 – 6385 zone.
PVA High Edge = 6411 PVA Low Edge = 6400 Prior POC = 6405
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 2: Textbook CD2 as price consolidated recent gains, but failed to push above previous highs. Summer volumes continue to be sub-par which actually favors the bullish balancing rhythms. Tech earnings have begun filtering through the trading landscape smoothly thus far. More catalytic earnings are still ahead next week for potential volatility spikes. Stay Tuned. Range was 126 handles on 430k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Primary cycle target (23316) has been achieved. So with price closing near the highs, momentum may “spill-over” into today’s trading blotter.
For Cycle Day 3 (CD3) price is above the CD1 Low (23146.75) which has a 91.04% historical Positive 3-Day Cycle performance record.
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 23390+-, initially targets 23440 – 23460 zone.
Bear Scenario: Price sustains an offer below 23390+-, initially targets 23295 – 23265 zone.
PVA High Edge = 23403 PVA Low Edge = 23353 Prior POC = 23388
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