S&P 500 (ES)
It was a previous session 2 days of cycle: The textbook CD2 is held firmly within a handle range of 35 between 5992 and 6027 with a very lethargic volume. It was basically a “stalemate.” Because neither the bull nor the bear could gain traction in either direction.
The end of the close (MOC) market (MOC) was leaning towards the $400 million sellside as traders booked the removal price in the second second near the typical Mid-VWAP zone on the 2nd day of the cycle.
Given today’s pause, the context remains unchanged… integration within the top distribution of the previous week.
The range was 35 handles on the exchanged 830k contract.
Free trial Link to PTG/Taylor 3-Day Cycle
Click this link for a more detailed summary of the trading session. trading Room Summary 6.9.25
…Transition from day 2 to day 3 of cycle
I will move to 3 days of cycle: Prices are safely above CD1 Low (5930.75), which meets positive 3-day cycle statistics with a track record of 90.24% historical performance.
The market is currently in the “holding pattern” awaiting Wednesday’s CPI report.
Expectations are the same until new information via CPI or China’s negotiations continue today rattles with the snake’s tail facing towards it.
5995-6000 zones remain as key support markers, and 6025-6030 zones must be C&C for higher expansion.
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 6015+, initially targeting the 6025-6030 zone.
Bear scenario: Prices will maintain offers below 6015+ and initially target the 6000-5995 zone.
PVA High Edge = 6020 PVA Low Edge = 6006 Prior POC = 6014
ESM
Nasdaq (NQ)
It was a previous session 2 days of cycle: The textbook CD2 is held firmly within a 140 handle range between 21750 and 21890 with a very lethargic volume. It was basically a “stalemate.” Because neither the bull nor the bear could gain traction in either direction. The range was 174 points on the exchanged 350k contract.
…Transition from day 2 to day 3 of cycle
I will move to 3 days of cycle: Prices are safely above CD1 Low (21471.00), which meets positive 3-day cycle statistics with a track record of historic performance of 90.24%.
The market is currently in the “holding pattern” awaiting Wednesday’s CPI report.
Hopes are the same until new information through the ongoing CPI or China negotiations breaks the deadlock.
Be patient with the Triple A setup!
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 21815+, initially targeting the 21870-21890 zone.
Bear scenario: Price maintains offers below 21815+, initially targeting the 21770-21750 zone.
PVA High Edge = 21876 PVA Low Edge = 21806 Prior POC = 21851
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
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