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 2 (CD2): Price did continue its descent, though at a much-decelerated rate, as we opined in previous DTS Strategy Briefing  5.10.22  Normal Cycle Day 2 as increased two-way traffic unfolded with key range projection levels (4065 – 3953) responded accordingly. Market on Close Sell Imbalance (MOC) measured $2.1 Billion. Prior range was 112 handles on 2.194M contracts exchanged. 

 …Transition from Cycle Day 2 to Cycle Day 3

This leads us into Cycle Day 3 (CD3): We’ll be looking for the markets to hold above CD1 Low (3970) and potentially stage a midweek relief rally, securing a Positive 3-Day Cycle Statistic. Key 5-day POC (4017) is the bogie for the bulls to clear and convert, in order to get a sustained move higher.. As such, estimated scenarios to consider for today’s trading.

Bull Scenario: Price sustains a bid above 4017, initially targets 4055 – 4069 zone. 

Bear Scenario: Price sustains an offer below 4017, initially targets 3996 – 3983 zone.

PVA High Edge = 4025       PVA Low Edge = 3964         Prior POC = 3996

*****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 3 (CD3)

Thanks for reading,

PTGDavid