S&P 500
Prior Session was Cycle Day 2: Regular CD2 as worth consolidated inside DTS’ outlined parameters within the DTS Briefing 11.11.24. Vary for right now was 39 handles on 1.012M contracts exchanged.
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Trading Room RECAP 11.11.24
Take a look at the hyperlink to be taught extra in regards to the Taylor 3-Day Cycle and safe your FREE TRIAL.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Optimistic Three-Day Cycle shall be glad with worth buying and selling above CD1 Low (5990.25) in the course of the RTH Session.
Worth continues emigrate larger with larger highs and better lows, so the bullish case stays in-tact. We proceed to be aware and alert of a potential pullback/decline, now elevated given impactful information occasions (Election…FOMC) are actually within the rearview mirror. Revenue-taking turns into an actual chance ought to the FOMO patrons determine to take a step again.
So with this in thoughts, our “game-play” will stay true to our self-discipline in sustaining positioning that’s aligned with market forces which continues to serve us effectively, so keep the course.
As such, situations to think about for right now’s buying and selling.
Bull Situation: Value sustains a bid above 6025, initially targets 6035 – 6040 zone.
Bear Situation: Value sustains a suggestion beneath 6025, initially targets 6015 – 6010 zone.
PVA Excessive Edge = 6039 PVA Low Edge = 6025 Prior POC = 6027
ES (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 2: Regular CD2 as worth consolidated inside DTS’ outlined parameters within the DTS Briefing 11.11.24. Vary for right now was 242 handles on 450k contracts exchanged.
…Transition from Cycle Day 2 to Cycle Day 3
Transition into Cycle Day 3: Optimistic Three-Day Cycle shall be glad with worth buying and selling above CD1 Low (21121.75) in the course of the RTH Session.
NAZ is in additional of a variety certain part as worth is now “overlapping” with worth now consolidating the current all-time excessive milestone. Vary boundaries are outlined between 21160 – 21240 with expectation of continued absorption of current positive factors.
So with this in thoughts, our “game-play” will stay true to our self-discipline in sustaining positioning that’s aligned with market forces which continues to serve us effectively, so keep the course.
As such, situations to think about for right now’s buying and selling.
Bull Situation: Value sustains a bid above 21200, initially targets 21275– 21300 zone.
Bear Situation: Value sustains a suggestion beneath 21200, initially targets 21145 – 21100 zone.
PVA Excessive Edge = 21258 PVA Low Edge = 21150 Prior POC = 21198
NQ Chart (Profile)
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and quick facet from Choice Pivot Ranges. Proceed to concentrate on Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day power will increase possibilities of manufacturing profitable trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Understanding is just not sufficient, We should APPLY. Keen is just not sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “schooling solely” and shouldn’t be seen in any manner 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 is just not essentially indicative of future outcomes. There’s substantial threat of loss related to buying and selling securities and choices on equities. Solely threat capital needs to be used to commerce. Buying and selling securities is just not appropriate for everybody.
Disclaimer: Futures, Choices, and Forex buying and selling all have massive potential rewards, however in addition they have massive potential threat. You will need to pay attention to the dangers and be keen to just accept them as a way to put money into 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 prone to obtain earnings or losses much like these mentioned on this website online. The previous efficiency of any buying and selling system or methodology is just not 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
