Taylor 3 Day Cycle

Author: David D Dube (a.k.a. PTGDavid)

Website: Polaris Trading Group

Prior Session was Cycle Day 1 (CD1): Normal CD1 unfolded as selling spilled over into this session. establishing a cycle low at 4560. Range was 102 handles on 2.027M, contracts exchanged. 

 …Transition from Cycle Day 1 to Cycle Day 2

This leads us into Cycle Day 2 (CD2): Late day “relief’ bounce has room to extend, though a retest of CD1 Low for surety would be the “norm”, as price is expected to work to balance previous session’s selling momentum. As such, estimated scenarios to consider for today’s trading.

1.) Price sustains a bid above 4575, initially targets 4585 – 4590 zone. 

2.) Price sustains an offer below 4575, initially targets 4565 – 4560 zone.

*****The 3 Day Cycle has a 91% probability of fulfilling Positive Cycle Statistics covering 12 years of recorded tracking history.

For more detailed information for both bullish and bearish projected targets, please visit: PTG 3 Day Cycle and/or reference the Cycle Spreadsheet below:

Link to access full Cycle Spreadsheet  > > Cycle Day 2 (CD2)

Thanks for reading,

PTG David