S&P 500 (ES)
It was a previous session 1 day cycle: Prices ended the week as Memorial Day trade shortened on Friday, following the TTB (Trump’s tariff bomb).
Then again TTB. This time, we will be extending the deadline for EU tariffs. This reversed the plunge and brought it back to crime (SOC) level scenes and rallyed.
Frankly, traders are troubled by the administration’s “ping-pong” game… “Get it back and then give it some back.” Therefore, traders should remain vigilant, be more likely to manage their risk profiles, and not over-leverage their leverage.
The range of Friday’s session was 115 handles of the exchanged 1.460m contract.
Click this link for a more detailed summary of the trading session. Trading Room Summary 5.21.25
Free trial Link to PTG/Taylor 3-Day Cycle
…Transition from 1st day to 2nd day of cycle
I will move to 2 days of cycle: Usually, for CD2, we expect the rhythm of MATD trading range to be adjusted to the latest round of TTB Ping Pong.
The foreseeable future key is how Mr. Market handles 21 DEMA.
So now this downswing is a kind of “garden diversity.” The BTFD crowd is expected to remain active while absorbing the recent debt downgrade and poor people at 20Y auction.
Continuous low or integration within the context of a large uptrend?
Decided: Buy? sell? range? tendency? Talk to Rubik’s Trading Cube!
Of course, there are no changes to the PTG… simply follow your plans. Triple your setup and manage your $risk. There is always a hard stop loss for exchanges.
PTG’s Primary directive (PD) that’s right Always be consistent in The dominant force.
So the scenario to consider for today’s trading.
Bull scenario: Prices will maintain bids above 5895+ and initially target the 5905-5910 zone.
Bear scenario: Prices will maintain offers below 5870+– and initially target the 5855-5850 zones.
PVA High Edge = 5890 PVA Low Edge = 5870 Prior POC = 5885
ESM
Nasdaq (NQ)
It was a previous session 1 day cycle: Prices traded higher on shortened holiday trading as Friday’s TTB-inducing plunge reversed. The scope of this session was 353 handles on the exchanged 520K contract.
…Transition from 1st day to 2nd day of cycle
I will move to 2 days of cycle: Normally, for CD2, we expect the rhythm of MATD trading range to balance the recent liquidation break.
The Mags Merry-Ground round spins today as investors/traders evaluate sell-off and reversal-inducing TTBs. This is what it means with the recent debt downgrade and a poor auction of 20 years.
The entire market is absorbing seemingly negative news, perhaps beyond current conditions and looking at a more favorable future environment.
Of course, there are no changes to the PTG… simply follow your plans. Triple your setup and manage your $risk. There is always a hard stop loss for exchanges.
PTG’s Primary directive (PD) that’s right Always be consistent in The dominant force.
So the scenario to consider for today’s trading.
Bull scenario: Prices maintain bids above 21275+, initially targeting zones 21350-21412.
Bear scenario: Price maintains offers below 21275+ – and initially targets the 21195-21165 zones.
PVA High Edge = 21282 PVA Low Edge = 21192 Prior POC = 21272
NQM
Economic Calendar
Trade Strategy: Our tactical trade strategy simply remains unchanged. Both the long side and the short side can be traded from the pivot level. Keep focused Bull/Bear Stacker and Premium/Discount. As always, when you are consistent with the dominant power within the day, you will increase your chances of generating a winning trade.
Keep focused…not bias…discipline Always use the stop!
Good deal…David
“It’s not enough to know. You have to apply. You’re happy to not enough. We have to.” –br
*****This Trade Strategy Report is popular for “education only” purposes and should never be considered a recommendation for buying and selling futures products. ”
Past performances do not necessarily indicate future outcomes
Important note! No representation has been made that the use of this strategy or system or trading method will generate profits. Past performances do not necessarily indicate future outcomes. There is a substantial risk of losses related to trading securities and options on stocks. You should only use risk capital. Traded securities are not suitable for anyone.
Disclaimer: Futures, options, and currency trading all have great potential rewards, but also great potential risks. To invest in these markets, you need to be aware of the risks and willing to embrace them. Don’t trade with money you can’t afford to lose.
This website is not a solicitation or offer to buy or sell futures, options, or currency. No representation has been made that the account is likely to achieve similar profits or losses as discussed on this website. Past performance of trading systems or methodologies does not necessarily indicate future outcomes.
CFTC Rule 4.41 – Performance outcomes have certain limitations on hypothetical or simulated performance outcomes. Unlike real performance records, the simulated results do not represent actual transactions. Additionally, the transaction is not running, so the results could be less than the impact, if any, if there were certain market factors, such as lack of liquidity. Generally, simulated trading programs are subject to the fact that they are designed with the benefit of hindsight. No representation has been made that the account may achieve similar profits or losses as indicated.