Markets (High Tales)
Financial Calendar
https://www.investing.com/economic-calendar/
S&P 500
Prior Session was Cycle Day 2 (CD2): This cycle’s rally continued fulfilling 5045 3 Day Cycle Goal. Prior vary was 35 handles on 1.140M contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
This leads us into Cycle Day 3 (CD3): Three-Day Cycle Goal (5045) is fulfilled, although with bullish momentum intact, we’ll mark at present as a “wild-card” with worth at All-Time Highs, although a corrective pullback/decline may start at any time. That stated, our day by day plan stays unchanged. Keep versatile and in-alignment with the first intra-day forces. As such, situations to contemplate for at present’s buying and selling.
Bull State of affairs: Worth sustains a bid above 5040, initially targets 5050 – 5055 zone.
Bear State of affairs: Worth sustains a proposal under 5040, initially targets 5030 – 5025 zone.
PVA Excessive Edge = 5045 PVA Low Edge = 2027 Prior POC = 5042
Vary Projections (ES) March 2024 (H) ***click on hyperlinks to entry PTG Each day Vary Calculator
Nasdaq 100 (NQ)
Prior Session was Cycle Day 2 (CD2): This cycle’s rally continued closing on weekly highs on decrease than common quantity. Prior vary was 218 handles on 490k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
This leads us into Cycle Day 3 (CD3): Major 3 Day Cycle Goal (17933) has been fulfilled, with secondary goal measuring 18122. We’ll mark at present as a “wild-card” with worth at highs, although a corrective pullback/decline may start at any time. That stated, our day by day plan stays unchanged. Keep versatile and in-alignment with the first intra-day forces. As such, situations to contemplate for at present’s buying and selling.
Bull State of affairs: Worth sustains a bid above 18040, initially targets 18125 – 18160 zone.
Bear State of affairs: Worth sustains a proposal under 18040, initially targets 17975 – 17955 zone.
PVA Excessive Edge = 18068 PVA Low Edge = 17931 Prior POC = 18010
Vary Projections (NQ) March 2024 (H)
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief aspect from Determination Pivot Ranges. Proceed to deal with 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
“Figuring out will not be sufficient, We should APPLY. Prepared will not be sufficient, We should DO.” –Bruce Lee
*****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 will not be essentially indicative of future outcomes. There may be 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. You will need to pay attention to the dangers and be prepared to simply accept them so as to spend money on 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 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