S&P 500 (ES)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price rallied 92.25 pts (120.69%) of the average cycle rally range (76.43pts).
In addition price secured a new All-Time High as persistent buying kept the Bull Flag Breakout alive as Gamma Buyers pressed the 6515 strike into the closing bell.
Here is a repost of our thoughts from previous briefing’s:
Notable: “Although price rallied aggressively, the all-time high has not been exceeded. Of course there may be follow-through to notch a new ATH. Be mindful of failure of follow-through and how price responds to any influx of selling.”
The pullback on Monday (post JPOW) did in-fact find responsive buying (bullish) creating a Bull Flag Pattern which resolved to the upside with a new all-time high. This is about as bullish pattern there is.
Range for this session was 52 handles on 1.097M contracts exchanged.
For a more detailed recap of the trading session, click on this link: Trading Room RECAP 8.28.25
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 (6485).
Today is the final trading session for August so be prepared for some End of Month “Window-Dressing” ahead of the long Labor Day Weekend.
Levels of interest on a pullback are 6505 – 6495 zone. CD1 target >> 6485.
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 6515+-, initially targets 6525 – 6530 zone.
Bear Scenario: Price sustains an offer below 6515+-, initially targets 6505– 6495 zone.
PVA High Edge = 6522 PVA Low Edge = 6496 Prior POC = 6517
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 3: Positive 3-Day Cycle as price rallied along with S&P (@ES) but failed to secure a new all-time high, which maintains the inter-market divergence pattern.
It appeared as though @NQ begrudgingly rallied along side @ES as ETF Funds remained buyers into the close. Range for this session was 316 handles on 479k 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 (23668).
Today is the final trading session for August so be prepared for some End of Month “Window-Dressing” ahead of the long Labor Day Weekend.
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 23725+-, initially targets 23795– 23845 zone.
Bear Scenario: Price sustains an offer below 23725+-, initially targets 23690 – 23650 zone.
PVA High Edge = 23795 PVA Low Edge = 23650 Prior POC = 23780
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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