S&P 500
Prior Session was Cycle Day 1: Worth established an early low @ 5976.25 throughout GBX session, under prior low @ 5982.50. Bulls considered this weak point to BTFD, establishing clear dominance, as value rallied into the RTH session, fulfilling the preliminary cycle goal (6020) and shutting on the highs of the day. Vary for this session was 67 handles on 1.230M contracts exchanged.
For a extra detailed recap of the buying and selling session, click on on this hyperlink: Trading Room RECAP 11.26.24
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Having closed on the highs of the day, bullish momentum could prolong value larger, although we’d usually be in search of some consolidation for CD2.
Closing full day of buying and selling forward of the Thanksgiving Vacation as bulls are gunning for a brand new All-Time Excessive to “deliver dwelling the turkey!”
YOU KNOW THE DRILL! Keep Aligned!
Wash Rinse Repeat!
PTG’s Main 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 6035, initially targets 6050 – 6055 zone.
Bear State of affairs: Worth sustains a proposal under 6035, initially targets 6025 – 6020 zone.
PVA Excessive Edge = 6035 PVA Low Edge = 6014 Prior POC = 6021
ES (Profile)
Nasdaq 100 (NQ)
Prior Session was Cycle Day 1: Worth established an early low @ 20755 throughout GBX session, under prior low @ 20780.25. Bulls considered this weak point to BTFD, reclaiming the PL thereby establishing clear dominance, as value rallied into the RTH session, fulfilling the preliminary cycle goal (20657) and shutting on the highs of the day. Vary for this session was 269 handles on 496k contracts exchanged.
…Transition from Cycle Day 1 to Cycle Day 2
Transition into Cycle Day 2: Having closed on the highs of the day, bullish momentum could prolong value larger, although we’d usually be in search of some consolidation for CD2.
YOU KNOW THE DRILL! Keep Aligned!
Wash Rinse Repeat!
PTG’s Main 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 20990, initially targets 21061– 21098 zone.
Bear State of affairs: Worth sustains a proposal under 20990, initially targets 20930 – 20910 zone.
PVA Excessive Edge = 20990 PVA Low Edge = 20927 Prior POC = 20960
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 at all times, remaining in alignment with dominant intra-day drive will increase chances of manufacturing profitable trades.
Keep Centered…Non-Biased…Disciplined ALWAYS USE STOPS!
Good Buying and selling…David
“Realizing 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 considered in any method as a advice 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 will not be essentially indicative of future outcomes. There may be 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 will not be appropriate for everybody.
Disclaimer: Futures, Choices, and Foreign money buying and selling all have giant potential rewards, however additionally they have giant potential threat. You need to pay attention to the dangers and be prepared to just accept them in an effort to put money into these markets. Don’t commerce with cash you’ll be able to’t afford to lose.
This web site is neither a solicitation nor a proposal 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. 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
