Markets (Prime Tales)
Financial Calendar
Supply: Investing.com
S&P 500 (ES)
Prior Session was Cycle Day 1: Textbook CD1 as worth declined to fulfill the 5253 – 5250 Common Decline Projected Goal Zone, which had an 85% likelihood of fulfilling, as specified by subscribers e-book spreadsheet. Vary was 55 handles on 1.731M contracts exchanged
…Transition from Cycle Day 1 to Cycle Day 2
This leads us into Cycle Day 2: As soon as the CD1 Low (5246.75) was safe, patrons stepped in aggressively, sparking a day rally which closed worth close to excessive of the day. Value has reached its upside CD2 Common Rally between 5295 – 5300 as specified by subscribers e-book spreadsheet (screenshot beneath). We might be in search of MATD early rhythms.
As at all times, our tactical commerce plan stays unchanged…Keep in alignment with dominant intra-day forces.
As such, situations to think about for at this time’s buying and selling.
Bull State of affairs: Value sustains a bid above 5295, initially targets 5315 – 5320 zone.
Bear State of affairs: Value sustains a suggestion beneath 5295, initially targets 5270 – 5265 zone.
PVA Excessive Edge = 5313 PVA Low Edge = 5278 Prior POC = 5308
***NOTE: IF you wish to be taught extra about how the 3-day cycle ranges are derived, THEN take a look at the FREE TRIAL provide beneath. Cycle Evaluation is an integral a part of the PTG Methodology.
*****The 3 Day Cycle has a 91.43% chance of fulfilling Optimistic Cycle Statistics masking 12 years of recorded monitoring historical past.
Vary Projections (ES) June 2024 (M)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 1: Textbook CD1 as worth established a cycle low at 18435.75 which had a 85% likelihood of declining in extra of 260 handles. Vary was 319 handles on 660k contracts exchanged
…Transition from Cycle Day 1 to Cycle Day 2
This leads us into Cycle Day 2: Value has happy the CD2 projected common rally goal zone between (18628 – 18669) as specified by subscribers e-book spreadsheet (screenshot beneath). We might be in search of MATD early rhythms.
As such, situations to think about for at this time’s buying and selling.
Bull State of affairs: Value sustains a bid above 18650, initially targets 18725 – 18750 zone.
Bear State of affairs: Value sustains a suggestion beneath 18650, initially targets 18540 – 18520 zone.
PVA Excessive Edge = 18693 PVA Low Edge = 18545 Prior POC = 18575
Vary Projections (NQ) June 2024 (M)
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief 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 power will increase chances of manufacturing successful trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Figuring out shouldn’t be sufficient, We should APPLY. Keen shouldn’t be sufficient, We should DO.”
*****This commerce technique report is disseminated for “training solely” and shouldn’t be considered in any method 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 shouldn’t 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 needs to 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 massive potential rewards, however in addition they have massive potential danger. It’s essential to concentrate on the dangers and be prepared to simply accept them to be able to spend money on these markets. Don’t commerce with cash you possibly can’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 much like these mentioned on this site. 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
