S&P 500 (ES)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as value declined to the projected 6103 decrease goal as which era discovered responsive patrons. Following a pullback retest, securing the low, this cycle’s rally started, rebounding to shut at 6133. Vary for this session was 56 handles on 1.337M contracts exchanged.
FREE TRIAL hyperlink to PTG/Taylor Three Day Cycle
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Buying and selling Room RECAP 2.18.25
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: A part of this cycle’s rally is in-place, so we must be on the lookout for some two-way consolidation to soak up the prior session’s “dip n rip.”
Given the character of current rangebound exercise, we shouldn’t be shocked if value dips once more for an additional check, or proceed to rally to subsequent targets. Backside line is to stay versatile as Friday is “Gravy Day!”
***Choices Expiration Observe: In line with the “Gamma Guys” (spotgamma.com) 6165 SPX (6140 ES) is a outstanding strike for in the present day’s expiry. Quote: “6165 stays an important [positive gamma] strike. This isn’t mechanically as a result of it’s the JHEQX (JPM Collar) brief name, however as a result of our instruments are measuring this fund’s name strike to be extremely impactful proper now. It additionally stands on the gateway of a snap melt-up to 6200, as the worth can simply and swiftly slice proper by that [red] unfavourable gamma.”
Moreover from the Gamma Guys: “to emphasise the sudden consideration on 6165, it’s dominating each the dwell and static fashions, with the SPX-Combo mannequin discovering 6163 because the heaviest common gamma strike between them. The implication that this has for our buying and selling over the following 5 weeks is that it ought to produce a handful of repeatable pinning setups.”
After all, nothing adjustments for PTG…Merely observe your plan. Take solely Triple A setups and handle the $danger. ALWAYS HAVE HARD STOP-LOSSES in-place on the change.
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for in the present day’s buying and selling.
Bull State of affairs: Worth sustains a bid above 6135+-, initially targets 6150 – 6155 zone.
Bear State of affairs: Worth sustains a proposal under 6135+-, initially targets 6115 – 6110 zone.
PVA Excessive Edge = 6138 PVA Low Edge = 6112 Prior POC = 6137
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 1: Textbook Cycle Day 1 as value declined to the projected 21993 decrease goal as which era discovered responsive patrons. Following a pullback retest, securing the low, this cycle’s rally started, rebounding to shut at 22135.75. Vary for this session was 284 handles on 555k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: A part of this cycle’s rally is in-place, so we must be on the lookout for some two-way consolidation to soak up the prior session’s “dip n rip.” Backside line is to stay versatile as Friday is “Gravy Day!”
Right here is a few MAG7 Basket Flows from the “Gamma Guys” (spotgamma.com)
“There was a uncommon and heavy disparity between index and basket flows in the present day, however though with completely different shapes they have been each guiding costs towards the middle of the vary The opening sign was extraordinarily clear with basket flows, as calls peaked after which rapidly dropped virtually vertically. The taller and pointier these alerts are, the stronger they’re at inferring immanent pivots.”
“As this occurred, shorts knew to attend for a cloth change in sample (or momentum) earlier than protecting. Calls tried to bounce once more, however HIRO rapidly dismissed this as one other low-conviction surge, as calls rolled over into heavy exhaustion, which was stopping costs from climbing meaningfully. Put flows additionally stabilized early, which set the stage for an additional end-of-day ramp, which has been a frequent occasion recently.”
After all, nothing adjustments for PTG…Merely observe your plan. Take solely Triple A setups and handle the $danger. ALWAYS HAVE HARD STOP-LOSSES in-place on the change.
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for in the present day’s buying and selling.
Bull State of affairs: Worth sustains a bid above 22125+-, initially targets 22195 – 22225 zone.
Bear State of affairs: Worth sustains a proposal under 22125+-, initially targets 22050 – 22011 zone.
PVA Excessive Edge = 22135 PVA Low Edge = 22002 Prior POC = 22050
NQ (Profile)
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief facet from Determination Pivot Ranges. Proceed to give attention to Bull/Bear Stackers and Premium/Reductions. As at all times, remaining in alignment with dominant intra-day pressure will increase possibilities of manufacturing successful trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Realizing is just not sufficient, We should APPLY. Keen is just not sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “training solely” and shouldn’t be seen 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 using this technique or any system or buying and selling methodology will generate income. Previous efficiency is just not essentially indicative of future outcomes. There may be substantial danger of loss related to buying and selling securities and choices on equities. Solely danger capital must be used to commerce. Buying and selling securities is just not appropriate for everybody.
Disclaimer: Futures, Choices, and Foreign money buying and selling all have giant potential rewards, however additionally they have giant potential danger. You need to pay attention to the dangers and be prepared to simply accept them so as to spend money on these markets. Don’t commerce with cash you’ll be able to’t afford to lose.
This web site is neither a solicitation nor a proposal to Purchase/Promote futures, choices, or currencies. No illustration is being made that any account will or is more likely to obtain income or losses just like these mentioned on this website online. The previous efficiency of any buying and selling system or methodology is just not 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
