Morning Updates and Preliminary Targets
- CPI Launch Response: PTGDavid highlighted that the preliminary upside goal of 6065 was fulfilled early within the session, reflecting bullish momentum.
- Cycle Day 2 Technique: Predicted a good end result for the “Violation Name Choice Play,” which carried out nicely because the day unfolded.
Market Dynamics and Key Ranges
- Structural Observations: David famous that increased costs had been being accepted, suggesting lengthy positions on pullbacks till a bearish structural shift happens.
- Key Value Ranges:
- 3410 Lengthy Scaling: A number of targets fulfilled.
- Cycle Day 3: Vary projection excessive of 21713 reached, adopted by a pullback expectation.
- Sandbox Range: Initially set between 6072–6090, later narrowed to 6080–6090, with clear criteria for bulls (conversion above 6090) and bears (break below IB low).
Option Trading Guidance
- Delta Recommendations: Advised targeting options with a delta range of 20–30 for optimal acceleration into the money.
- Call Option Play: Achieved a 5x return by leveraging market dynamics.
- Afternoon and Closing Observations
- Highlighted that price movements slowed during the afternoon, aligning with historical session behavior.
- Shared updates on buyer-seller dynamics, noting buyer aggression and seller absorption.
- Confirmed 3-day cycle target achievement at 6103.68, further underscoring the session’s bullish success.
Notable Quotes
- “Higher prices are being accepted… long only on pullbacks until there is a bear structural shift.”
- “Cycle Call Option play hit 5x.”
PTGDavid’s analysis and real-time guidance provided clarity and strategic direction throughout the session, ensuring participants were well-prepared to navigate market conditions.
