S&P 500
Prior Session was Cycle Day 3: Money markets have been closed for Thanksgiving, however the “Turkey Dealer” was busy “gobbling” up contracts, pushing value as much as the 6032 degree, whereas everybody was celebrating and giving thanks!. Vary for this session was 17 handles on 99k contracts exchanged.
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Trading Room RECAP 11.26.24
…Transition from Cycle Day 3 to Cycle Day1
Transition into Cycle Day 1: Money market reopen however just for half-day closing @ 1pm ET.
New cycle begins as major purpose is to ascertain a brand new cycle low from which to rally. Value is inside of notching a brand new ATH maybe throughout at this time’s shortened session. Bias stays with the bulls, so it’s theirs to lose.
PTG’s suggestion is to take at this time off and spend high quality time with family members.
YOU KNOW THE DRILL! Keep Aligned!
Wash Rinse Repeat!
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to think about for at this time’s buying and selling.
Bull State of affairs: Value sustains a bid above 6025, initially targets 6045 – 6050 zone.
Bear State of affairs: Value sustains a suggestion beneath 6025, initially targets 6015 – 6010 zone.
PVA Excessive Edge = 6027 PVA Low Edge = 6019 Prior POC = 6022
ES (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 3: Money markets have been closed for Thanksgiving, however the “Turkey Dealer” was busy “gobbling” up contracts, pushing value as much as the 20905 degree, whereas everybody was celebrating and giving thanks!. Vary for this session was 102 handles on 954k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day1
Transition into Cycle Day 1: Money market reopen however just for half-day closing @ 1pm ET.
New cycle begins as major purpose is to ascertain a brand new cycle low from which to rally. Bias stays with the bulls, so it’s theirs to lose.
PTG’s suggestion is to take at this time off and spend high quality time with family members.
YOU KNOW THE DRILL! Keep Aligned!
Wash Rinse Repeat!
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to think about for at this time’s buying and selling.
Bull State of affairs: Value sustains a bid above 20900, initially targets 20940– 20960 zone.
Bear State of affairs: Value sustains a suggestion beneath 20900, initially targets 20840 – 20830 zone.
PVA Excessive Edge = 20906 PVA Low Edge = 20856 Prior POC = 20874
NQ Chart (Profile)
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and quick aspect from Resolution Pivot Ranges. Proceed to concentrate on Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day power will increase possibilities of manufacturing profitable trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Figuring out just isn’t sufficient, We should APPLY. Keen just isn’t sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “schooling solely” and shouldn’t be considered in any approach as a suggestion to purchase or promote futures merchandise.”
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS
IMPORTANT NOTICE! No illustration is being made that the usage of this technique or any system or buying and selling methodology will generate earnings. Previous efficiency just isn’t essentially indicative of future outcomes. There may be substantial threat of loss related to buying and selling securities and choices on equities. Solely threat capital needs to be used to commerce. Buying and selling securities just isn’t appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have giant potential rewards, however additionally they have giant potential threat. You should concentrate on the dangers and be prepared to simply accept them with the intention to put money into these markets. Don’t commerce with cash you may’t afford to lose.
This web site is neither a solicitation nor a suggestion to Purchase/Promote futures, choices, or currencies. No illustration is being made that any account will or is more likely to obtain earnings or losses just like these mentioned on this website online. The previous efficiency of any buying and selling system or methodology just isn’t essentially indicative of future outcomes.
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
