Morning Market Recap Only…No Trades for the Afternoon Session

Bull Scenario & Initial Targets
At 9:30 AM, PTG David identified a bullish market scenario with a key level above 6065, targeting the 6075-6080 zone. Shortly after, the initial target zone was achieved, indicating positive price momentum.

Key Levels and Probabilities
By 9:49 AM, David highlighted critical interest levels: 6055, 6065, 6075, and 6085. He shared probabilities for potential rallies, stating an 89% chance of a rally exceeding 10 points and a 63% chance for over 20 points. This provided traders with statistical guidance for market movements.

Progress on Open Range Targets
Between 9:52 AM and 9:53 AM, David updated the status of open range targets:

• For NQ Open Range Breakout (ORB) Strategy, all long targets were met.
• For CL Open Range Breakout (ORB) Strategy, all long targets were achieved, with trailing stops set at the entry to mitigate risk.

Strategic Guidance and Market Alignment
Throughout the session, David emphasized alignment with market shifts, providing strategic advisories like “Go with the shift” and “Stay aligned,” reinforcing a disciplined approach to trading dynamics.

Line in the Sand and Bearish Scenario
At 10:20 AM, David identified 6065 as the critical “Line in the Sand,” suggesting its importance in market structure. By 11:04 AM, he outlined a bearish scenario if price sustained below 6065, initially targeting the 6055-6050 zone, offering traders a clear pathway for downside expectations.

End-of-Morning Developments and Exit Note
By 11:18 AM, David observed a positive reversal from the 6044 level, and around 11:47 AM, he noted that bulls needed to reclaim 6060 to regain control. At 12:04 PM, David concluded the session with a note about personal tasks while confirming that market charts would remain accessible.

This morning recap reflects focused market analysis, critical levels of engagement, and strategic insights provided by PTG David to guide traders through complex market conditions.