S&P 500 (ES)
Prior Session was Cycle Day 1: CD1 Low (6430.75) was established as selling spilled-over from the CD3 weakness.
This set the stage for a successful retest setting up the structural conditions for a powerful rally, which easily fulfilled some upside targets (6475 – 6485).
Options Gamma Squeeze and Market on Close Buy Imbalance sent price closing on the highs of the day.
Range was 56 handles on 1.042M contracts exchanged
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.26.25
FREE TRIAL link to PTG/Taylor Three Day Cycle
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normally for CD2 we are anticipating some consolidation MATD rhythms to begin the session.
Price closed the prior session with strong outgoing momentum, which may spill-over into today’s trading.
BTFD buyers were clearly active during the prior session as a bullish signal post JPOW speech.
As we posted: “Key for the next few trading sessions will be the response of buyers should sellers appear. The most bullish response, would be seeing additional buyers (new money) entering on the dips.”
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 6480+-, initially targets 6505 – 6510 zone.
Bear Scenario: Price sustains an offer below 6480+-, initially targets 6460 – 6455 zone.
PVA High Edge = 6470 PVA Low Edge = 6445 Prior POC = 6456
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 1: CD1 Low (23371.50) was established as selling spilled-over from the CD3 weakness. This set the stage for a successful retest setting up the structural conditions for a powerful rally, which easily fulfilled upside target (23611). Options Gamma Squeeze and Market on Close Buy Imbalance sent price closing on the highs of the day. Range for this session was 239 handles on 437k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Normally for CD2 we are anticipating some consolidation MATD rhythms to begin the session.
Price closed the prior session with strong outgoing momentum, which may spill-over into today’s trading.
BTFD buyers were clearly active during the prior session as a bullish signal post JPOW speech.
KEY EVENT: Nvidia (NVDA) Earnings after the close.
Options Market is currently pricing in about a 5.5% move for Nvidia earnings. Check out the GAMMA EXPSOURE (GEX)
Here is a post of Brent Kochuba (spotgamma.com) discussing the impact of Nvidia earnings on the stock market @SpotGamma https://x.com/OJRenick/status/1960458033311387738
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 23610+-, initially targets 23643 – 23676 zone.
Bear Scenario: Price sustains an offer below 23610+-, initially targets 23542 – 23513 zone.
PVA High Edge = 23551 PVA Low Edge = 23466 Prior POC = 23542
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.
Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose.
This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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