S&P 500 (ES)
Prior Session was Cycle Day 1: Value established cycle low 1st and as such robust short-cover rally unfolded, driving worth to retrace roughly half of the FED induced sell-down. Vary for this session was 184 handles on 2.110M contracts exchanged.
FREE TRIAL hyperlink to PTG/Taylor Three Day Cycle
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Buying and selling Room RECAP 12.20.24
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Having retraced half of the sell-down, key for this shortened XMAS week will likely be whether or not recent patrons discover the present 6000 stage attracted for brand new shopping for or renewed promoting. (acceptance/rejection).
Volumes will likely be enormously decreased as many “decision-makers’ will likely be having fun with the vacation break. Nothing modifications for us…Merely observe your plan.
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for right now’s buying and selling.
Bull State of affairs: Value sustains a bid above 6005, initially targets 6045 – 6050 zone.
Bear State of affairs: Value sustains a suggestion under 6005, initially targets 5965 – 5950 zone.
PVA Excessive Edge = 6050 PVA Low Edge = 5930 Prior POC = 5996
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 1: Value established cycle low 1st and as such robust short-cover rally unfolded, driving worth to retrace roughly half of the FED induced sell-down. Vary for this session was 805 handles on 840k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 2: Having retraced half of the sell-down, key for this shortened XMAS week will likely be whether or not recent patrons discover the present 6000 stage attracted for brand new shopping for or renewed promoting. (acceptance/rejection).
Volumes will likely be enormously decreased as many “decision-makers’ will likely be having fun with the vacation break. Nothing modifications for us…Merely observe your plan.
PTG’s Main Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, situations to contemplate for right now’s buying and selling.
Bull State of affairs: Value sustains a bid above 21565, initially targets 21690 – 21755 zone.
Bear State of affairs: Value sustains a suggestion under 21565, initially targets 21457 – 21440 zone.
PVA Excessive Edge = 21811 PVA Low Edge = 21289 Prior POC = 21482
NQ (Profile)
Financial Calendar
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 deal with Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day pressure will increase chances of manufacturing successful trades.
Keep Targeted…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Realizing will not be sufficient, We should APPLY. Prepared will not be sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “schooling 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 the usage of this technique or any system or buying and selling methodology will generate earnings. Previous efficiency will not 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 must be used to commerce. Buying and selling securities will not be appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have giant potential rewards, however in addition they have giant potential danger. You will need to concentrate on the dangers and be prepared to simply accept them as a way 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 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 much like these mentioned on this web page. The previous efficiency of any buying and selling system or methodology will not 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
