Market (high article)
financial calendar
https://www.investing.com/economic-calendar/
S&P500
The earlier session Cycle Day 2 (CD2): The President’s Day closure of the money market mirrored skinny and slender buying and selling within the derivatives futures market. The earlier vary was 13 handles with 116,000 contracts exchanged.
…Transition from cycle day 2 to cycle day 3
this leads us Cycle Day 3 (CD3): The three-day cycle statistic (90%) is happy so long as the worth trades above the CD1 low (5013) throughout RTH. The first cycle goal (5054) is met and the secondary goal measures 5084 handles.
For this stage to be “in play”, the Bulls should clear and convert (C&C) the 5055-5060 zone. The bears are in search of a breach of the CD1 low (5013) to interrupt out of the draw back concentrating on 4972.
Nevertheless, our day by day plans stay the identical. Keep versatile and work with the primary drive of the day. Therefore the situation to contemplate in at the moment’s buying and selling.
bull situation: Costs will stay bid above 5010 and initially goal the 5025-5030 zone.
bear situation: The worth will hold the supply beneath 5010 and initially goal the 4995-4990 zone.
PVA excessive edge = 5026 PVA low edge = 5021 Earlier POC = 5023
Vary Forecast (ES) March 2024 (H) ***Click on hyperlink to entry PTG Every day Vary Calculator
Nasdaq 100 (NQ)
The earlier session Cycle Day 2 (CD2): The President’s Day closure of the money market mirrored skinny and slender buying and selling within the derivatives futures market. The earlier vary was 95,556 handles of his 81 contracts exchanged.
…Transition from cycle day 2 to cycle day 3
this leads us Cycle Day 3 (CD3): The three-day cycle statistic (90%) is happy so long as the worth trades above the CD1 low (17715) throughout RTH. The first cycle goal (17856) is met and the secondary goal measures 18051 handles.
For this stage to be “in play”, the Bulls should clear and convert (C&C) 17920. The bears are in search of a breach of the CD1 low (17715) to interrupt out of the draw back concentrating on 17572.
Nevertheless, our day by day plans stay the identical. Keep versatile and work with the primary drive of the day. Therefore the situation to contemplate in at the moment’s buying and selling.
bull situation: Costs will stay bid above 17715 and initially goal the 17760-17780 zone.
bear situation: Preserve presents beneath 17715 and goal the 17670-17640 zone initially.
PVA excessive edge = 17790 PVA low edge = 17762 Earlier POC = 17780
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 at all times, staying aligned with the dominant forces through the day will increase the chance of a profitable commerce.
Keep targeted… Keep open-minded… Keep disciplined At all times use stops.
Whole lot…David
“Figuring out is just not sufficient, we should apply. Willingness alone is just not 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 is just not essentially indicative of future outcomes
Necessary Notices! No illustration is made that any income will likely be made through the use of this technique, system or buying and selling approach. Previous efficiency is just not essentially indicative of future outcomes. There’s a vital threat of loss related to buying and selling securities and fairness choices. Solely threat capital must be used for buying and selling. Buying and selling securities is just not 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, you have to pay attention to the dangers and be prepared to simply 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 technique is just not essentially indicative of future outcomes.
CFTC Rule 4.41 – Hypothetical or simulated efficiency outcomes are topic to sure limitations. In contrast to precise efficiency information, 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, corresponding to 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.
