S&P 500 (ES)
Prior Session was Cycle Day 3: Constructive Three-Day Cycle as value rallied 128.5% of the historic 20 cycle common (94.50 pts). Total this session was a balancing / consolidative day above the important thing 6085 Line within the Sand (LIS) outlined in prior DTS Briefing 2.6.25. Vary for this session was 38 handles on 1.111M 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 2.6.25
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: This session begins a brand new cycle with the core goal of creating a safe low from which to stage the subsequent rally.
Common Decline measures 6072.50 which was tagged throughout the earlier session. Bulls preserve agency management on dips, so ought to a deeper pullback develop, the subsequent decrease goal measures 6047.75.
Odds of Decline > 10 = 79% Odds of Decline > 20 = 56%
The U.S. Bureau of Labor Statistics is scheduled to launch the January 2025 Non-Farm Payroll (NFP) report on Friday, February 7, 2025, at 8:30 AM EST. Economists anticipate a rise of roughly 169,000 to 170,000 jobs for January, following December’s sturdy acquire of 256,000 jobs. The unemployment fee is anticipated to stay regular at 4.1%.
Common hourly earnings are projected to rise by 0.3% month-over-month, sustaining a year-over-year progress fee of round 3.8% to 4.1%. Analysts will intently monitor wage progress as an indicator of potential inflationary pressures.
The labor drive participation fee, which offers perception into the proportion of the working-age inhabitants that’s employed or actively looking for employment, will even be a key metric to observe.
Moreover, the January report will embody annual benchmark revisions, which might result in important changes in historic employment knowledge. These revisions could alter the understanding of labor market tendencies over the previous 12 months.
Market contributors pays shut consideration to the NFP report, as deviations from expectations might affect Federal Reserve coverage selections and monetary market actions. A stronger-than-expected report may bolster the U.S. greenback and immediate discussions in regards to the timing of future rate of interest changes, whereas a weaker report might have the other impact.
In fact, nothing adjustments for PTG…Merely observe your plan. Take solely Triple A setups and handle the $threat. ALWAYS HAVE HARD STOP-LOSSES in-place on the change.
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, eventualities to think about for right now’s buying and selling.
Bull Situation: Value sustains a bid above 6090+-, initially targets 6115 – 6120 zone.
Bear Situation: Value sustains a suggestion under 6090+-, initially targets 6075 – 6070 zone.
PVA Excessive Edge = 6103 PVA Low Edge = 6090 Prior POC = 6100
ES (Profile)
Nasdaq (NQ)
Prior Session was Cycle Day 3: Total this session was a balancing / consolidative day above the important thing 21750 Line within the Sand (LIS) outlined in prior DTS Briefing 2.6.25. Vary for this session was 176 handles on 436k contracts exchanged.
…Transition from Cycle Day 3 to Cycle Day 1
Transition into Cycle Day 1: This session begins a brand new cycle with the core goal of creating a safe low from which to stage the subsequent rally.
Common Decline measures 21756 which was tagged throughout the earlier session. Bulls preserve agency management on dips, so ought to a deeper pullback develop, the subsequent decrease goal measures 21560.
Odds of Decline > 20 = 82% Odds of Decline > 25 = 76%
In fact, nothing adjustments for PTG…Merely observe your plan. Take solely Triple A setups and handle the $threat. ALWAYS HAVE HARD STOP-LOSSES in-place on the change.
PTG’s Major Directive (PD) is to ALWAYS STAY IN ALIGNMENT with the DOMINANT FORCE.
As such, eventualities to think about for right now’s buying and selling.
Bull Situation: Value sustains a bid above 21845+-, initially targets 21895 – 21910 zone.
Bear Situation: Value sustains a suggestion under 21845+-, initially targets 21790 – 21760 zone.
PVA Excessive Edge = 21823 PVA Low Edge = 21755 Prior POC = 21773
NQ (Profile)
Financial Calendar
Commerce Technique: Our tactical commerce technique will merely stay unaltered…We’ll be versatile to commerce each lengthy and brief facet from Resolution Pivot Ranges. Proceed to give attention to Bull/Bear Stackers and Premium/Reductions. As all the time, remaining in alignment with dominant intra-day drive will increase possibilities of manufacturing profitable trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Figuring out will not be sufficient, We should APPLY. Keen will not be sufficient, We should DO.” –BR
*****This commerce technique report is disseminated for “training solely” and shouldn’t be seen in any method 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 will not be essentially indicative of future outcomes. There’s substantial threat of loss related to buying and selling securities and choices on equities. Solely threat capital ought to be used to commerce. Buying and selling securities will not be appropriate for everybody.
Disclaimer: Futures, Choices, and Foreign money buying and selling all have massive potential rewards, however in addition they have massive potential threat. It’s essential to concentrate on the dangers and be prepared to simply accept them so as 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 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. 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
