S&P 500 (ES)
Prior Session was Cycle Day 3: Market rallied on the CPI report with a niche up opening that by no means appeared again, as consumers reversed the prior Cycle Day 2 unload, which noticed worth hit the decrease Violation Zone (6038 – 6043) offering a wonderful LONG CALL play. Cycle Statistic stays intact at 92.68% accuracy, overlaying almost 15 years of monitoring. Vary for this session was 57 handles on 1.165M contracts exchanged.
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Buying and selling Room RECAP 12.11.24
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Regular CD1 can be for a decline with the typical measuring 6067 – 6070 zone.
Odds of Decline > 10 = 79%…> 20 = 56%
Given the robust rally in prior session, regular expectation can be for MATD rhythms to consolidate and discover accepted stability.
Ranges of of curiosity on pullbacks are…6078…6075….6067…6063.
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to think about for as we speak’s buying and selling.
Bull Situation: Worth sustains a bid above 6090, initially targets 6100 – 6110 zone.
Bear Situation: Worth sustains a proposal under 6090, initially targets 6070 – 6065 zone.
PVA Excessive Edge = 6100 PVA Low Edge = 6084 Prior POC = 6097
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Three-Day Cycle Penetration Goal 21713 was fulfilled on an explosive hole up and pattern day, as merchants reacted positively to the CPI print. Vary for this session was 414 handles double the 20 day common on 530k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 1
Transition into Cycle Day 1: Regular CD1 can be for a decline with the typical measuring 21710 – 21700 zone.
Odds of Decline > 10 = 82%…> 20 = 76%
Given the robust rally in prior session, regular expectation can be for MATD rhythms to consolidate and discover accepted stability.
Ranges of of curiosity on pullbacks are…21696…21673….21655…21607
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to think about for as we speak’s buying and selling.
Bull Situation: Worth sustains a bid above 21750, initially targets 21795 – 21820 zone.
Bear Situation: Worth sustains a proposal under 21750, initially targets 21725 – 21695 zone.
PVA Excessive Edge = 21817 PVA Low Edge = 21684 Prior POC = 21794
NQ (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 Determination Pivot Ranges. Proceed to concentrate on 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 seen in any manner 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 threat of loss related to buying and selling securities and choices on equities. Solely threat capital must 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 threat. You will need to concentrate on the dangers and be keen to just accept them with a purpose to spend money on these markets. Don’t commerce with cash you may’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