Monday, February 10, 2025 – Market Recap & Key Takeaways
The trading session unfolded in alignment with the Polaris Trading Group (PTG) Daily Trade Strategy (DTS), offering traders a structured approach to both bullish and bearish scenarios. Below is a summary of the day’s key market movements, insights, and educational takeaways.
- Pre-Market & Globex Session:
- The bear scenario played out initially, with price declining to the 6020 – 6015 zone before reversing sharply.
- Buyers stepped in aggressively at this support level, leading to a strong rally.
- Regular Trading Hours (RTH) Open:
- The market followed the bull scenario, sustaining a bid above 6050 and reaching the 6065 – 6070 target zone as projected.
- Volume analysis confirmed key levels, reinforcing trade execution confidence.
- Mid-Session Developments:
- Additional upside targets of 6084, 6096, and 6106 were outlined.
- Buyers defended pullbacks, particularly at 6070 VWAP, signaling continuation strength.
- The market demonstrated rotational behavior within the 82 – 92 sandbox zone, suggesting a balanced auction.
- Afternoon Session & Closing:
- A notable 2 PM “Shake n Bake” move triggered a liquidity-driven drop, followed by a strong recovery.
- Mutual Fund Monday buying interest was anticipated, but late-session price action remained subdued.
- The session concluded with a flop into the MOC close, as traders positioned ahead of Wednesday’s CPI report.
Educational Takeaways
- Technical Levels & Market Structure Matter:
- Both bullish and bearish trade scenarios played out with precision, demonstrating the effectiveness of pre-defined levels and trade plans.
- Traders who respected key areas, such as the Money Box reversal and VWAP support, had strong trade opportunities.
- Volume as a Confirmation Tool:
- High-volume nodes (HVNs) at 6084 and 6090 played a crucial role in validating continuation patterns.
- Understanding where volume builds can help traders identify high-probability trade locations.
- Anticipate Market Catalysts:
- The late-session slowdown highlighted the importance of event risk management, as traders reduced exposure ahead of Wednesday’s CPI data release.
- This underscores the necessity of adapting strategies based on macro events and scheduled economic reports.
Final Thoughts
Monday’s price action provided a textbook example of how prepared traders can capitalize on both bullish and bearish opportunities by following a structured approach. The ability to adapt, recognize key levels, and align trades with market structure remains paramount in trading success.
As the week progresses, traders should remain disciplined and mindful of volatility shifts, particularly with CPI data on the horizon.