Markets (High Tales)
Financial Calendar
https://www.investing.com/economic-calendar/
S&P 500
It’s at all times been enjoyable through the years being a part of the Market’s Milestones, such because the Crash of 1987 and at this time’s fulfilment of the S&P (ES) 5000 degree. In years to come back, we will say: “Yeah, I Was There!”
Prior Session was Cycle Day 3 (CD3): Worth lastly fulfilled 3 Day Cycle Goal (5008) as we now have been anticipating this previous week, suggesting market had reached an “apex” and Growth Part was the following BIG Occasion. So congratulations to Mr. Market and for all these merchants disciplined to remain in centered alignment with worth motion. Prior vary was 50 handles on 1.267M contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
This leads us into Cycle Day 1 (CD1): Common Decline measures 4985. At time of this writing (8 pm) worth is holding bid close to highs of prior session. For at this time’s briefing, I’ll merely repeat PTG’s Core Commerce Plan…
“Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief facet from Resolution Pivot Ranges. Proceed to deal with ATR Zones, Bull/Bears Stackers and Premiums/Reductions. As at all times, remaining in alignment with dominant intra-day pressure will increase possibilities of manufacturing successful trades.”
As such, situations to contemplate for at this time’s buying and selling.
Bull State of affairs: Worth sustains a bid above 5010, initially targets 5025 – 5030 zone.
Bear State of affairs: Worth sustains a proposal under 5010, initially targets 4995 – 4990 zone.
PVA Excessive Edge = 5018 PVA Low Edge = 5002 Prior POC = 5015
Vary Projections and Key Ranges (ES) March 2024 (H) Contract
HOD ATR Vary Projection: 5062; LOD ATR Vary Projection: 4964; 3 Day Central Pivot: 4976; 3 Day Cycle Goal: 5053; 10 Day Common True Vary 51; VIX: 12
Nasdaq 100 (NQ)
Prior Session was Cycle Day 3 (CD3): NAZ fulfilled Optimistic 3-Day Cycle Statistic however fell simply in need of clicking the 17887 Cycle Goal. We’ll award merchants in any case for the robust effort. Prior vary was 245 handles on 603k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
This leads us into Cycle Day 1 (CD1): Common Decline measures 17761. Having closed on highs of the day, Bulls will want a follow-through session to not solely click on the official goal as talked about above, however to additional increase the present momentum. Being a CD1, potential for pullback/decline is excessive chance. As such, situations to contemplate for at this time’s buying and selling.
Bull State of affairs: Worth sustains a bid above 17830, initially targets 17925 – 17950 zone.
Bear State of affairs: Worth sustains a proposal under 17830, initially targets 17800 – 17780 zone.
PVA Excessive Edge = 17870 PVA Low Edge = 17762 Prior POC = 17845
Vary Projections and Key Ranges (NQ) March 2024 (H) Contract
HOD ATR Vary Projection: 18101; LOD ATR Vary Projection: 17590; 3 Day Central Pivot: 17705; 3 Day Cycle Goal: 18165; 10 Day Common True Vary: 266; VIX: 12
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief facet from Resolution Pivot Ranges. Proceed to deal with Bull/Bear Stackers and Premium/Reductions. As at all times, remaining in alignment with dominant intra-day pressure will increase possibilities of manufacturing successful trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Understanding is just not sufficient, We should APPLY. Prepared is just not sufficient, We should DO.” –Bruce Lee
*****This commerce technique report is disseminated for “training solely” and shouldn’t be seen in any means as a advice 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 is just not 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 is just not appropriate for everybody.
Disclaimer: Futures, Choices, and Foreign money buying and selling all have massive potential rewards, however in addition they have massive potential threat. You should pay attention to the dangers and be keen to simply accept them to be able 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 proposal 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 web page. The previous efficiency of any buying and selling system or methodology is just not 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
