Taylor 3 Day Cycle – Polaris Trading Group

Topic: 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 as price declined establishing a new cycle low at 4007.50, which matched closely with projected range low (4015) and TargetMaster Zone (4012 – 4006). Prior range was 84 handles on 1.703M contracts exchanged. 

 …Transition from Cycle Day 1 to Cycle Day 2

This leads us into Cycle Day 2 (CD2): Price has rallied to upper target 4090 during prior session. Normal for CD2 is for some consolidation to work off prior rally. Today is FOMC with a presser, which is anticipated to create some potentially wide swings in price. As such, we’ll mark today as a “wild-card for direction with estimated scenarios to consider for today’s trading.

Bull Scenario: Price sustains a bid above 4075, initially targets 4100 – 4110 zone. 

Bear Scenario: Price sustains an offer below 4075, initially targets 4050 – 4045 zone.

PVA High Edge = 4091       PVA Low Edge = 4045         Prior POC = 4087

*****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,

PTGDavid