S&P 500 (ES)
Prior Session was Cycle Day 3: As anticipated, the restoration hill was simply to excessive to climb, as a uncommon (7.25%) “failed-cycle” was secured. Definition of Failed 3-Day Cycle: Failure of Worth to commerce above the Cycle Day 1 Low throughout Cycle Day 3. Thankfully for future classes historic cycle odds (92.75%) favor Constructive 3 Day Cycles. Vary for this session was 74 handles on 2.081M 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 12.19.24
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: This session begins a brand new cycle with the value already satisfying the common decline.
Bulls will likely be trying to cleanup any overflow promoting and restore the draw back FED induced momentum promote down.
Bears after all will likely be trying to press for decrease to power extra long-liquidation and shut out the week.
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for right this moment’s buying and selling.
Bull State of affairs: Worth sustains a bid above 5930, initially targets 5950 – 5965 zone.
Bear State of affairs: Worth sustains a suggestion under 5930, initially targets 5890 – 5875 zone.
PVA Excessive Edge = 5986 PVA Low Edge = 5951 Prior POC = 5962
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: MATD dominated this session as anticipated as balancing/consolidation rhythms stemmed any additional decline. Vary for this session was 352 handles on 689k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: This session begins a brand new cycle with the value already satisfying the common decline.
Bulls will likely be trying to cleanup any overflow promoting and restore the draw back FED induced momentum promote down.
Bears after all will likely be trying to press for decrease to power extra long-liquidation and shut out the week.
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for right this moment’s buying and selling.
Bull State of affairs: Worth sustains a bid above 21310, initially targets 21435 – 21460 zone.
Bear State of affairs: Worth sustains a suggestion under 21310, initially targets 21134 – 21091 zone.
PVA Excessive Edge = 21607 PVA Low Edge = 21459 Prior POC = 21482
NQ (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 Resolution Pivot Ranges. Proceed to concentrate on Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day power will increase possibilities of manufacturing profitable trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Realizing just isn’t sufficient, We should APPLY. Keen just isn’t sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “schooling 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 income. Previous efficiency just isn’t 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 just isn’t appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have massive potential rewards, however additionally they have massive potential threat. You will need to pay attention to the dangers and be keen to just accept them so as 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 income or losses just like these mentioned on this website online. The previous efficiency of any buying and selling system or methodology just isn’t 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
