S&P 500 (ES)
Prior Session was Cycle Day 1: Tomahawk Thursday as the D-Level Money Box (DLMB) was the star of today having price hit both upper and lower zones.
Cycle Day 1 “normal” as initial strength into the DLMB was rejected, as Long Liquidation drove price progressively lower for Month End.
Price closed near the lows as the CD1 Low (6357.50) was established “last”, which denotes extreme price momentum weakness.
Volume and Range expanded which is a bearish metric, portends future weakness forthcoming.
Range was 111 handles on 1.707M contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 7.31.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Bulls clearly slipped on the soap during the CD1 session closing near the lows of the day.
Expectation would be for selling momentum to “spill-over” into today’s session, in order to find a secure low.
Should it turn out that the sell down was a Month End flush, then today’s session would be anticipated to be a MATD rhythmic day. Also, it is the 1st on the Month and FRYday is CAPITAL PRESERVATION DAY.
Notable: August 1st is the FINAL DEADLINE for Trump Tariffs on countries that have not negotiated in good faith. Liberation Day 2.0
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 6365+-, initially targets 6385 – 6395 zone.
Bear Scenario: Price sustains an offer below 6365+-, initially targets 6345 – 6335 zone.
PVA High Edge = 6462 PVA Low Edge = 6388 Prior POC = 6423
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: Cycle low was established @ 23290.50 as early price strength stalled and reversed precisely from the D-Level Money Box (DLMB) Zone. Violation of the opening range low (23653.75) opened the “flood-gates” for long liquidation selling, closing near the lows of the day. Range for this session was 554 handles on 709k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Expectation would be for selling momentum to “spill-over” into today’s session, in order to find a secure low.
Should it turn out that the sell down was a Month End flush, then today’s session would be anticipated to be a MATD rhythmic day.
Also, it is the 1st on the Month and FRYday is 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 23300+-, initially targets 23430 – 23480 zone.
Bear Scenario: Price sustains an offer below 23300+-, initially targets 23235 – 23220 zone.
PVA High Edge = 23698 PVA Low Edge = 23378 Prior POC = 23573
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