S&P 500
Prior Session was Cycle Day 1: Worth established an early low @ 5976.25 throughout GBX session, beneath prior low @ 5982.50. Bulls considered this weak point to BTFD, establishing clear dominance, as worth rallied into the RTH session, fulfilling the preliminary cycle goal (6020) and shutting on the highs of the day. Vary for this session was 67 handles on 1.230M 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 1 to Cycle Day 2
Transition into Cycle Day 2: Having closed on the highs of the day, bullish momentum might lengthen worth greater, although we might usually be searching for some consolidation for CD2.
Ultimate full day of buying and selling forward of the Thanksgiving Vacation as bulls are gunning for a brand new All-Time Excessive to “deliver house the turkey!”
YOU KNOW THE DRILL! Keep Aligned!
Wash Rinse Repeat!
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for at the moment’s buying and selling.
Bull State of affairs: Worth sustains a bid above 6035, initially targets 6050 – 6055 zone.
Bear State of affairs: Worth sustains a suggestion beneath 6035, initially targets 6025 – 6020 zone.
PVA Excessive Edge = 6035 PVA Low Edge = 6014 Prior POC = 6021
ES (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 1: Worth established an early low @ 20755 throughout GBX session, beneath prior low @ 20780.25. Bulls considered this weak point to BTFD, reclaiming the PL thereby establishing clear dominance, as worth rallied into the RTH session, fulfilling the preliminary cycle goal (20657) and shutting on the highs of the day. Vary for this session was 269 handles on 496k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Having closed on the highs of the day, bullish momentum might lengthen worth greater, although we might usually be searching for some consolidation for CD2.
YOU KNOW THE DRILL! Keep Aligned!
Wash Rinse Repeat!
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for at the moment’s buying and selling.
Bull State of affairs: Worth sustains a bid above 20990, initially targets 21061– 21098 zone.
Bear State of affairs: Worth sustains a suggestion beneath 20990, initially targets 20930 – 20910 zone.
PVA Excessive Edge = 20990 PVA Low Edge = 20927 Prior POC = 20960
NQ Chart (Profile)
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief aspect from Choice Pivot Ranges. Proceed to deal with Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day drive will increase chances of manufacturing successful trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Understanding shouldn’t be sufficient, We should APPLY. Keen shouldn’t be sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “training solely” and shouldn’t be considered in any method 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 earnings. Previous efficiency shouldn’t be essentially indicative of future outcomes. There’s substantial danger of loss related to buying and selling securities and choices on equities. Solely danger capital ought to be used to commerce. Buying and selling securities shouldn’t be appropriate for everybody.
Disclaimer: Futures, Choices, and Foreign money buying and selling all have giant potential rewards, however in addition they have giant potential danger. It’s essential to pay attention to the dangers and be prepared to just accept them with a view 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 prone to obtain earnings or losses just like these mentioned on this website. The previous efficiency of any buying and selling system or methodology shouldn’t be 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
