S&P 500
Prior Session was Cycle Day 1: DTS has highlighted “time immemorial” that on Cycle Day 1 (CD1) when the low is established early within the session, the tendency is for a powerful rally to unfold, attaining cycle targets very often on the identical day. Tying that in with a shortened vacation, is a recipe for an explosion to new All-Time Highs, which is what unfolded.
Dealer must be contemplating varied eventualities that can make them the right mindset in executing their motion plan. That is what the Day by day Commerce Technique Briefing is designed for…Steering of preliminary eventualities to assist in “jump-starting” every commerce session to get aligned early with dominant forces. From then on it’s executing varied commerce indicators based on every dealer’s plan. Vary for this session was 42 handles on 683k contracts exchanged.
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Trading Room RECAP 11.29.24
…Transition from Cycle Day 1 to Cycle Day 2 
Transition into Cycle Day 2: Worth is close to the ATH (6060) notched on shortened vacation session.
Regular CD2 following development is for MATD Rhythms which is usually two-way balancing consolidation.
This week is a full buying and selling week with full buying and selling staffs. The secret’s whether or not the market is in an “accepting or rejection” mode of the brand new All-Time Excessive. Massive directional development strikes are inherently unstable and wish a interval of consolidation to stabilize and entice extra curiosity for these merchants that weren’t lively throughout the vacation interval.
Ranges to be aware of on pullbacks for renewed shopping for curiosity are 6045…6040…6035 – 6030 zone.
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, eventualities to contemplate for at this time’s buying and selling.
Bull State of affairs: Worth sustains a bid above 6045, initially targets 6055 – 6060 zone.
Bear State of affairs: Worth sustains a suggestion under 6045, initially targets 6035 – 6030 zone.
PVA Excessive Edge = 6059 PVA Low Edge = 6034 Prior POC = 6053
ES (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 1: DTS has highlighted “time immemorial” that on Cycle Day 1 (CD1) when the low is established early within the session, the tendency is for a powerful rally to unfold, attaining cycle targets very often on the identical day. Vary for this session was 212 handles on 282k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Regular CD2 following development is for MATD Rhythms which is usually two-way balancing consolidation.
This week is a full buying and selling week with full buying and selling staffs. Massive directional development strikes are inherently unstable and wish a interval of consolidation to stabilize and entice extra curiosity for these merchants that weren’t lively throughout the vacation interval.
Ranges to be aware of on pullbacks are..20960…20940 – 20930 zone.
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, eventualities to contemplate for at this time’s buying and selling.
Bull State of affairs: Worth sustains a bid above 20960, initially targets 20990– 21015 zone.
Bear State of affairs: Worth sustains a suggestion under 20960, initially targets 20920 – 20900 zone.
PVA Excessive Edge = 21009 PVA Low Edge = 20894 Prior POC = 20989
NQ Chart (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 Choice Pivot Ranges. Proceed to concentrate on Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day drive will increase possibilities of manufacturing successful trades.
Keep Targeted…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 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 the usage of 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 danger of loss related to buying and selling securities and choices on equities. Solely danger 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 giant potential rewards, however additionally they have giant potential danger. You need to pay attention to the dangers and be prepared to just accept them so as 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 more likely 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
