S&P 500
Prior Session was Cycle Day 3: Prior DTS Briefing 11.4.24 unfolded fantastically as value consolidated between the higher goal zone (5770 – 5775) and the decrease goal zone (5735 – 5730). Vary was 52 handles on 1.273M contracts exchanged.
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Trading Room RECAP 11.4.24
Try the hyperlink to study extra in regards to the Taylor Cycle and safe your FREE TRIAL.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: The “BIG DAY” has arrived with the markets behaving exceptionally with calmness. After all this will likely all change in a second, however for now it’s “enterprise as normal.”
Cycle goal for as we speak is to ascertain a brand new cycle low from which to stage the following rally. We’ll proceed to tug ahead the identical ranges from prior session. (see above).
***Bulls goal is to proceed to soak up any residual promoting and Clear and Convert 5770 – 5775 zone to higher help to orchestrate a “squeeze-play!”
***Bears wish to preserve the “pressure-on” by forcing a protracted liquidation break under present lows.
We’ll proceed to stay true to our self-discipline in sustaining positioning that’s aligned with market forces which continues to serve us properly, so keep the course.
As such, eventualities to think about for as we speak’s buying and selling.
Bull State of affairs: Worth sustains a bid above 5750, initially targets 5770 – 5775 zone.
Bear State of affairs: Worth sustains a proposal under 5750, initially targets 5735 – 5730 zone.
PVA Excessive Edge = 5762 PVA Low Edge = 5738 Prior POC = 5753
ES (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 3: Prior DTS Briefing 11.4.24 unfolded fantastically as value consolidated between the higher goal (20200) and the decrease goal (20000). Vary was 235 handles on 513k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: The “BIG DAY” has arrived with the markets behaving exceptionally with calmness. After all this will likely all change in a second, however for now it’s “enterprise as normal.”
Cycle goal for as we speak is to ascertain a brand new cycle low from which to stage the following rally. We’ll proceed to tug ahead the identical ranges from prior session. (see above).
***Bulls goal is to proceed to soak up any residual promoting and Clear and Convert 20200 – 20250 zone to higher help to orchestrate a “squeeze-play!”
***Bears wish to preserve the “pressure-on” by forcing a break under present lows.
We’ll proceed to stay true to our self-discipline in sustaining positioning that’s aligned with market forces which continues to serve us properly, so keep the course.
As such, eventualities to think about for as we speak’s buying and selling.
Bull State of affairs: Worth sustains a bid above 20130, initially targets 20288– 20362 zone.
Bear State of affairs: Worth sustains a proposal under 20130, initially targets 20000 – 19980 zone.
PVA Excessive Edge = 20170 PVA Low Edge = 20076 Prior POC = 20130
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 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 power will increase chances of manufacturing profitable 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 the usage of 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 massive potential rewards, however additionally they have massive potential danger. It’s essential to concentrate on the dangers and be keen to just accept them in an effort to put money into 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 earnings or losses much like these mentioned on this website online. 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
