S&P 500 (ES)
Prior Session was Cycle Day 2: This cycle day was dominated by the Options Expiration (OPEX) as well as Contract Rollover (Dec Z), setting the stage for the end of week consolidation/pump to ne All-Time High.
0DTE options also played a pivotal role in pushing price to an “excess high” mid afternoon before “pulling the plug” into the final Hour of Power sell down.
Nimble traders had plenty of opportunity, while “chasers’ got their proverbial arse handed to them.
PTG Traders are disciplined, following strict trading rules that prevent them from chasing moves. We also stress that FRYday’s are CAPITAL PRESERVATION DAY.
Range was 30 handles on 946K contracts exchanged.
Click on this link: Trading Room RECAP 9.12.25
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: The current rally has fulfilled the cycle target (6611) as contract rollover to December (Z) is underway this week.
Price is currently near the all-time high as the market is awaiting this week’s BIG EVENT. FOMC Policy Statement and Press Conference
The CME FED Tool has 96.4% chance of a 25bps interest rate cut to 4.25 – 4.50%. Markets have already “baked-in” this cut. So presser will be of all importance for timing of futures cuts.
We’ll mark today (CD3) as a “wild-card” with rollover and the Fed this week.
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 6645+-, initially targets 6655 – 6660 zone.
Bear Scenario: Price sustains an offer below 6645+-, initially targets 6635 – 6630 zone.
PVA High Edge = 6644 PVA Low Edge = 6654 Prior POC = 6645
ESU
Nasdaq (NQ)
Prior Session was Cycle Day 2: This cycle day was dominated by the Options Expiration (OPEX) as well as Contract Rollover (Dec Z), setting the stage for the end of week consolidation/pump to ne All-Time High.
0DTE options also played a pivotal role in pushing price to an “excess high” mid afternoon before “pulling the plug” into the final Hour of Power sell down.
Nimble traders had plenty of opportunity, while “chasers’ got their proverbial arse handed to them.
PTG Traders are disciplined, following strict trading rules that prevent them from chasing moves. We also stress that FRYday’s are CAPITAL PRESERVATION DAY.
Range was 190 handles on 382k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: The current rally has fulfilled the cycle target (24187.50) as contract rollover to December (Z) is underway this week.
Price is currently near the all-time high as the market is awaiting this week’s BIG EVENT. FOMC Policy Statement and Press Conference
We’ll mark today (CD3) as a “wild-card” with rollover and the Fed this week.
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 24345+-, initially targets 24395 – 24420 zone.
Bear Scenario: Price sustains an offer below 24345+-, initially targets 24300 – 24275 zone.
PVA High Edge = 24376 PVA Low Edge = 24305 Prior POC = 24335
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