Markets
Prior Session was Cycle Day 3: Third (third) consecutive Three-Day Tremendous Cycle, as value cleared all upside ranges vaulting an incredible 204.75 pts (240.58%) of the 12 yr historic cycle vary.
*****The 3 Day Cycle has a 90.74% chance of fulfilling Optimistic Cycle Statistics protecting 12 years of recorded monitoring historical past.
Supply: Yahoo Finance
Financial Calendar
Supply: Investing.com
S&P 500
Prior Session was Cycle Day 3: Third (third) consecutive Three-Day Tremendous Cycle, as value cleared all upside ranges vaulting an incredible 204.75 pts (240.58%) of the 12 yr historic cycle vary. Vary was 100 handles on 1.345M contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
This leads us into Cycle Day 1: This session begins a brand new cycle with the first goal to discover a safe low from which to stage the subsequent rally. Markets are nonetheless in full-blown “bull-mode” this week, completely reversing prior week’s dramatic volatility-induced sell-off. So we’ll respect the present momentum and keep correctly aligned as per our day by day core commerce plan. Can Mr. Market make it a clear seventh day in a row of bullish closings? Keep Tooned!
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us effectively, so keep the course.
As such, eventualities to think about for at present’s buying and selling.
Bull Situation: Worth sustains a bid above 5565, initially targets 5585 – 5595 zone.
Bear Situation: Worth sustains a suggestion beneath 5565, initially targets 5550 – 5545 zone.
PVA Excessive Edge = 5571 PVA Low Edge = 5536 Prior POC = 5566
*****The 3 Day Cycle has a 90.74% chance of fulfilling Optimistic Cycle Statistics protecting 12 years of recorded monitoring historical past.
ES Chart
Nasdaq 100 (NQ)
Prior Session was Cycle Day 3: Third (third) consecutive Three-Day Tremendous Cycle, as value cleared all upside ranges vaulting an incredible (240.58%) of the 12 yr historic cycle vary. Vary was 502 handles on 516k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
This leads us into Cycle Day 1: This session begins a brand new cycle with the first goal to discover a safe low from which to stage the subsequent rally. Markets are nonetheless in full-blown “bull-mode” this week, completely reversing prior week’s dramatic volatility-induced sell-off. So we’ll respect the present momentum and keep correctly aligned as per our day by day core commerce plan.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us effectively, so keep the course.
As such, eventualities to think about for at present’s buying and selling.
Bull Situation: Worth sustains a bid above 19570, initially targets 19671 – 19740 zone.
Bear Situation: Worth sustains a suggestion beneath 19570, initially targets 18526 – 19483 zone.
PVA Excessive Edge = 19600 PVA Low Edge = 19403 Prior POC = 19583
NQ Chart
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 concentrate on Bull/Bear Stackers and Premium/Reductions. As at all times, remaining in alignment with dominant intra-day pressure will increase chances of manufacturing profitable trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Figuring out just isn’t sufficient, We should APPLY. Prepared just isn’t sufficient, We should DO.” –BR
*****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 the usage of this technique or any system or buying and selling methodology will generate earnings. 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 ought to be used to commerce. Buying and selling securities just isn’t appropriate for everybody.
Disclaimer: Futures, Choices, and Foreign money buying and selling all have massive potential rewards, however additionally they have massive potential threat. You could concentrate on the dangers and be keen to just accept them in an effort to put money into 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 suggestion 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 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
