S&P 500 (ES)
Prior Session was Cycle Day 3: Market forces once more determined to proceed this cycle’s sell-down in the course of the morning session, hitting statistical extremes earlier than discovering responsive patrons to rally again in the course of the afternoon session closing within the midpoint zone for the day. Vary for this session was 118 handles on 1.495M 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 12.30.24
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Markets open the ultimate buying and selling session with anticipation of some year-end “window-dressing.” Searching for closing bid energy with these shares which have outperformed, such because the MAG-7.
Regular for Cycle day 1 is to ascertain a brand new cycle low from which to rally, which might set the tone for the brand new yr.
Volumes might be tremendously decreased as many “decision-makers’ might be having fun with the vacation break. Nothing modifications for us…Merely comply with your plan.
PTG might be taking a while off this week to relaxation and recharge the battery-pack. We’ll be again in “full-metal-jacket” on January sixth.
PTG’s Major 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 Situation: Worth sustains a bid above 5960, initially targets 5975 – 5980 zone.
Bear Situation: Worth sustains a suggestion beneath 5960, initially targets 5940 – 5935 zone.
PVA Excessive Edge = 5990 PVA Low Edge = 5941 Prior POC = 5980
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Market forces once more determined to proceed this cycle’s sell-down in the course of the morning session, hitting statistical extremes earlier than discovering responsive patrons to rally again in the course of the afternoon session closing within the midpoint zone for the day. Vary for this session was 489 handles on 516k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: Markets open the ultimate buying and selling session with anticipation of some year-end “window-dressing.” Searching for closing bid energy with these shares which have outperformed, such because the MAG-7.
Regular for Cycle day 1 is to ascertain a brand new cycle low from which to rally, which might set the tone for the brand new yr.
Volumes might be tremendously decreased as many “decision-makers’ might be having fun with the vacation break. Nothing modifications for us…Merely comply with your plan.
PTG might be taking a while off this week to relaxation and recharge the battery-pack. We’ll be again in “full-metal-jacket” on January sixth.
PTG’s Major 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 Situation: Worth sustains a bid above 21380, initially targets 21461 – 21498 zone.
Bear Situation: Worth sustains a suggestion beneath 21380, initially targets 21290 – 21270 zone.
PVA Excessive Edge = 21559 PVA Low Edge = 21344 Prior POC = 21517
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 Resolution 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 profitable trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Understanding will not be sufficient, We should APPLY. Prepared will not be sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “schooling solely” and shouldn’t be considered 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 will not 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 must be used to commerce. Buying and selling securities will not be appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have massive potential rewards, however in addition they have massive potential danger. It’s essential to pay attention to the dangers and be keen to just accept them with a view 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 suggestion 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 will not 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
