Market (prime article)
financial calendar
https://www.investing.com/economic-calendar/
S&P500
The earlier session Cycle Day 2 (CD2): This cycle rally continued to fulfill the 3-day cycle goal of 5,045. The earlier vary was 35 handles with 1.14 million contracts exchanged.
…Transition from cycle day 2 to cycle day 3
this leads us Cycle Day 3 (CD3): The three-day cycle goal (5045) has been met, however the bullish momentum stays, marking right now as a “wildcard” and the value is at an all-time excessive, however when will a correctional decline/downfall start? There’s a risk. Nonetheless, our each day plans stay the identical. Keep versatile and work with the principle pressure of the day. Therefore the situation to contemplate in right now’s buying and selling.
bull situation: Costs will stay bid above 5040 and initially goal the 5050-5055 zone.
bear situation: Costs will preserve the supply beneath 5040 and initially goal the 5030-5025 zone.
PVA excessive edge = 5045 PVA low edge = 2027 Earlier POC = 5042
Vary Forecast (ES) March 2024 (H) ***Click on hyperlink to entry PTG Day by day Vary Calculator
Nasdaq 100 (NQ)
The earlier session Cycle Day 2 (CD2): This cycle’s rally continued to finish at weekly highs regardless of below-average quantity. The earlier vary was 218 handles with 490,000 contracts changed.
…Transition from cycle day 2 to cycle day 3
this leads us Cycle Day 3 (CD3): The first 3-day cycle objective (17933) was met and the secondary objective was reached at 18122. We mark right now as a excessive “wildcard” for value, however a correctional decline/lower may start at any time. Nonetheless, our each day plans stay the identical. Keep versatile and work with the principle pressure of the day. Therefore the situation to contemplate in right now’s buying and selling.
bull situation: Costs will keep bids above 18040 and initially goal the 18125-18160 zone.
bear situation: Hold the value supply beneath 18040 and initially goal the 17975-17955 zone.
PVA Excessive Edge = 18068 PVA Low Edge = 17931 Earlier POC = 18010
Vary Forecast (NQ) March 2024 (H)
Commerce technique: Our tactical buying and selling technique stays unchanged. Flexibly commerce on each the lengthy and brief sides out of your decision-making pivot stage.keep targeted bull/bear stacker and Premium/Low cost. As all the time, staying aligned with the dominant forces throughout the day will increase the likelihood of a successful commerce.
Keep targeted… Keep open-minded… Keep disciplined All the time use stops.
Whole lot…David
“Realizing will not be sufficient, we should apply. Willingness alone will not be sufficient, we should act.” –Bruce Lee
*****This buying and selling technique report is distributed for “instructional functions solely” and may under no circumstances be seen as a advice to purchase or promote futures merchandise. ”
Previous efficiency will not be essentially indicative of future outcomes
Essential Notices! No illustration is made that any income can be made by utilizing this technique, system or buying and selling approach. Previous efficiency will not be essentially indicative of future outcomes. There’s a vital danger of loss related to buying and selling securities and fairness choices. Solely danger capital must be used for buying and selling. Buying and selling securities will not be appropriate for everybody.
Disclaimer: Futures buying and selling, choices buying and selling, and forex buying and selling all have the potential for nice income, however additionally they include vital potential dangers. To put money into these markets, it’s essential to concentrate on the dangers and be prepared to just accept them. Do not commerce with cash you’ll be able to’t afford to lose.
This web site doesn’t represent a solicitation or supply to purchase or promote futures, choices, or currencies. No illustration is being made that any account will or is prone to obtain income or losses much like these mentioned on this web site. The previous efficiency of a buying and selling system or methodology will not be essentially indicative of future outcomes.
CFTC Rule 4.41 – Hypothetical or simulated efficiency outcomes are topic to sure limitations. Not like precise efficiency data, simulation outcomes don’t signify precise buying and selling. Additionally, since trades haven’t been executed, the outcomes could under- or over-compensate for the impression of sure market elements, reminiscent of lack of liquidity, if any. Typically, simulated buying and selling packages are additionally influenced by the truth that they’re designed with hindsight in thoughts. No illustration is being made that any account will or is prone to obtain income or losses much like these proven.
