S&P 500
Prior Session was Cycle Day 2: We knew there was a Time & Value Low window as outlined in prior DTS Briefing 9.9.24 which triggered at the moment. Value reclaimed our Line within the Sand (LIS) 5415 Purchase Sign early in GLOBEX which sparked a session lengthy rally fulfilling 5486.50 3 Day Cycle Goal. Vary was 87 handles on 1.518M contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
This leads us into Cycle Day 3: Value has fulfilled the three Day Cycle Goal (5486.50) with bulls in-control. Momentum might spill over into todays session pushing for larger ranges above 5500 – 5510 zone. Bears would wish a break beneath (5460) to power bulls palms.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us nicely, so keep the course.
As such, situations to contemplate for at the moment’s buying and selling.
Bull State of affairs: Value sustains a bid above 5480, initially targets 5495 – 5505 zone.
Bear State of affairs: Value sustains a suggestion beneath 5480, initially targets 5465 – 5460 zone.
PVA Excessive Edge = 5482 PVA Low Edge = 5456 Prior POC = 5467
ES Chart
Nasdaq 100 (NQ)
Prior Session was Cycle Day 2: We knew there was a Time & Value Low window as outlined in prior DTS Briefing 9.9.24 which triggered at the moment. Value reclaimed our Line within the Sand (LIS) 18400 Purchase Sign early in GLOBEX which sparked a session lengthy rally closing simply off excessive of the day 18734.50. Vary was 348 handles on 524k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
This leads us into Cycle Day 3: 3 Day Cycle Goal (18777) is inside putting distance of achievement with bulls in-control. Momentum might spill over into todays session pushing for larger ranges above prior excessive. Bears would wish a break beneath (18565) to power bulls palms.
Our self-discipline of sustaining positioning that’s aligned with market forces continues to serve us nicely, so keep the course.
As such, situations to contemplate for at the moment’s buying and selling.
Bull State of affairs: Value sustains a bid above 18725, initially targets 18780 – 18830 zone.
Bear State of affairs: Value sustains a suggestion beneath 18725, initially targets 18605 – 18580 zone.
PVA Excessive Edge = 18700 PVA Low Edge = 18580 Prior POC = 18605
NQ Chart
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and quick facet from Determination Pivot Ranges. Proceed to concentrate on Bull/Bear Stackers and Premium/Reductions. As at all times, remaining in alignment with dominant intra-day power will increase possibilities of manufacturing profitable trades.
Keep Targeted…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.” –BR
*****This commerce technique report is disseminated for “training solely” and shouldn’t be seen 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 the usage of this technique or any system or buying and selling methodology will generate income. Previous efficiency shouldn’t 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 ought 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 giant potential rewards, however additionally they have giant potential danger. You need to pay attention to the dangers and be keen to simply accept them with a purpose to spend money on these markets. Don’t commerce with cash you’ll be able to’t afford to lose.
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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