Theme: Capital Preservation FRYday – Be Nimble… Be Quick… Or Get Burned by the Candlestick!
🔍 Market Overview
FRYday lived up to its name — a sizzling session that tested traders’ patience, risk discipline, and reaction time.
Overnight trade tagged the 6790–6795 target zone with ultra precision, then reversed sharply to 6775 LIS, where responsive buyers stepped in to BTFD.
The tone early on was defined by a search for balance: traders anticipated MATD rhythms and “two-way directionless trade,” per David’s Daily Trade Strategy outlook. But just as the room settled into preservation mode…
💣 Tariff Tweet Bomb detonated.
At 10:59 AM, the wire lit up:
TRUMP: “CHINA BECOMING VERY HOSTILE.”
Minutes later —
TRUMP: “NO REASON TO MEET XI IN S. KOREA.”
That one-two headline combo sent the S&P futures into a tailspin. Price plummeted from calm balance to chaos in seconds, tagging deep volatility zones as the “baby got thrown out with the bath water.”
📊 Key Highlights
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Pre-Tweet Calm: ES ping-ponged around the mid-zone, respecting technical levels.
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Tweet Shockwave: Instant volatility surge, traders scrambled for cover — many wisely stayed flat.
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PUT WALL: Noted at 6697, with deeper standard deviation pivots marked down near +6687.
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Intraday Recovery Attempts: Quick reactive trades offered +10 scalp opportunities for nimble operators like slatitude39 and JohnB.
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End of Day: Price action churned near 6625 pivot, closing with heavy imbalance ($2B MOC Sell).
🧠 Trader Insights
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Manny: “When volatility spikes, risk doesn’t double — it multiplies. Staying green means knowing when not to trade.”
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PTGDavid: “Capital Preservation doesn’t mean no trades — it means selective execution. Stick to your core plan; the market decides if you get paid.”
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Roy_ & Manny: shared a frank discussion on Friday frustration and emotional capital preservation — reminders that the market’s most punishing lessons come when discipline slips before the weekend.
🎯 Technical Takeaways
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Overnight high tests and backtests offered precision setups early, but all structure dissolved post-tweet.
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Price now trades below short-term support yet remains above the 50 EMA — a technical paradox noted by blibby71.
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5-month trendline broken, marking a potential regime shift heading into next week.
🧘♂️ Capital Preservation Reminder
FRYday was a “popcorn and YouTube” kind of session — not a hero-making day.
Those who followed PTG’s mantra — Stay the Course, Stay Selective, Stay Disciplined — walked away with their capital and composure intact.
📅 Closing Notes
David signed off reminding the team:
“Today’s cliff-dive could end up being a game-changer going forward… STAY TUNED.”
MOC Sell Imbalance: $2 Billion
Key Pivot to Hold: 6625
Theme Carried Forward: Capital Preservation Mode Activated