S&P 500 (ES)
Prior Session was Cycle Day 2: This session’s rhythm went off the typical CD2 consolidation script, as price violated the 6455 – 6460 4-day support and broke lower.
Normally we would have seen the decline on CD1, which did not unfold, so we’ll note today as a “delayed decline.”
Member Ram P. won today’s KEWPIE Award with a timely observation of NAZ (@NQ) relative weakness, which spilled-over weighing on SPX (@ES) support breakdown. “Sharing is Caring” Thank you Ram 🙂
Range was 58 handles on 1.167M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.19.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Prior decline flushed down fulfilling the 6421.50 CD2 Projected Range decline, (screenshot) as noted in PTG’s Live Trading Room.
Price is currently below the CD1 Low (6456) and based on historical averages there is a 91.43% chance of reclaiming the CD1 Low.
However after that is reached then anything goes.
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 6430+-, initially targets 6445 – 6450 zone.
Bear Scenario: Price sustains an offer below 6430+-, initially targets 6415 – 6405 zone.
PVA High Edge = 6458 PVA Low Edge = 6421 Prior POC = 6425
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 2: Nasdaq (@NQ) as noted in prior DTS Briefing’s: “Overall uptrend remains intact, although Briefing is sensing some underlying distribution taking place beneath the surface.” Today’s violation of short-term support validated the underlying weakness noted, being lead by the “general’s.” Not usually a good sign as the heavily weighted tech sector can be a leading barometer of future market weakness. Range was 412 handles on 547k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: For Cycle Day 3 (CD3) price needs to trade above the CD1 Low (23719) to satisfy the statistic, which has a 91.43% historical Positive 3-Day Cycle performance record.
This could be a tall order to recover given the broadness of the selling. But we have seen deep sell offs fully recover the CD1 Low on CD3.
Never a dull moment in the tech sector.
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 23425+-, initially targets 23510 – 23550 zone.
Bear Scenario: Price sustains an offer below 23425+-, initially targets 23370 – 23315 zone.
PVA High Edge = 23661 PVA Low Edge = 23426 Prior POC = 23471
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.”
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