S&P 500
Prior Session was Cycle Day 3: Three-Day Tremendous Cycle as value rallied over 229 pts or 257.67% of the common cycle vary of 89 pts. This cycle marks the seventh (seventh) Tremendous Cycle of the earlier ten (10) cycle sequences. This demonstrates the excellent dominance of the Taylor Three-Day Cycle.
…Transition from Cycle Day 3 to Cycle Day 1
This leads us into Cycle Day 1: Common Decline for CD1 measures (5667). BIG Occasion for this week is the FOMC Assertion and Presser on Wednesday. Bulls keep dominant management with little danger of shedding it forward of JPOW presser. Though there could also be intra-day volatility swings to supply loads of commerce alternatives, so keep targeted.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us properly, so keep the course.
As such, eventualities to think about for at present’s buying and selling.
Bull State of affairs: Value sustains a bid above 5690, initially targets 5702 – 5712 zone.
Bear State of affairs: Value sustains a proposal beneath 5690, initially targets 5675 – 5670 zone.
PVA Excessive Edge = 5699 PVA Low Edge = 5683 Prior POC = 5689
ES Chart (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 3: Three-Day Tremendous Cycle as value rallied over 1200 pts. This cycle marks the seventh (seventh) Tremendous Cycle of the earlier ten (10) cycle sequences. This demonstrates the excellent dominance of the Taylor Three-Day Cycle.
…Transition from Cycle Day 3 to Cycle Day 1
This leads us into Cycle Day 1: Common Decline for CD1 measures (19455). BIG Occasion for this week is the FOMC Assertion and Presser on Wednesday. Bulls keep dominant management with little danger of shedding it forward of JPOW presser. Though there could also be intra-day volatility swings to supply loads of commerce alternatives, so keep targeted.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us properly, so keep the course.
As such, eventualities to think about for at present’s buying and selling.
Bull State of affairs: Value sustains a bid above 19740, initially targets 19820 – 19840 zone.
Bear State of affairs: Value sustains a proposal beneath 19740, initially targets 19685 – 19660 zone.
PVA Excessive Edge = 197887 PVA Low Edge = 19721 Prior POC = 19747
NQ Chart (Goal Grasp)
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 concentrate on Bull/Bear Stackers and Premium/Reductions. As at all times, remaining in alignment with dominant intra-day drive will increase chances of manufacturing successful trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Realizing just isn’t sufficient, We should APPLY. Keen just isn’t 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 earnings. Previous efficiency just isn’t 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 ought to be used to commerce. Buying and selling securities just isn’t appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have giant potential rewards, however additionally they have giant potential danger. You will need to pay attention to the dangers and be prepared to simply accept them as a way 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 proposal to Purchase/Promote futures, choices, or currencies. No illustration is being made that any account will or is prone to obtain earnings or losses much like these mentioned on this web page. 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
