Trade, Don’t Forecast.

The Traders Objective

Identify Conditions With A High Probability
Outcome and Acceptable Capital Exposure

Prepared By Robert Miner, Dynamic Traders Group, Inc.

Author: High Probability Trade Strategies and Dynamic Trading

Wednesday: October 23, 2024

This written commentary is a summary of the key technical factors of each

market plus the probable trade direction for the next few days to few weeks.
Additional charts and comments with more details and trade strategies for some
markets may be included with the video update.
Also included with your DT Report Subscription:
DT Report Video Update (each Saturday and Wednesday), The DT Big Picture
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October Dates
10/14: OPEC
10/22-24: BRICS Summit (Russia)
10/31: PCE Report
10/22-24: BRICS (Brazil, Russian, India, China and more) : Summit (Russia)
Wants the end of U.S. Dollar dominance as the world’s reserve currency. Wants
economic institutions that serve the interest of its members better (primarily
Russia). Wants their own grain exchange and more. Could definitely influence
Dollar trends and maybe grain prices.

Trading futures, stocks and Forex is risky and not for every investor. You could potentially lose all or more than your initi al
investment with leveraged positions. Past performance is no guarantee of future performance. Trade and invest at your own ris k.
Readers using this information are solely responsible for their actions and invest at their own risk. The information in this report is for
the education of the reader and should not be construed as an offer to buy or sell securities. This information is supplied for the paid
subscriber and may not be copied or distributed in any manner. Principles or associates of Dynamic Traders Group, Inc. may have
positions in one or more of the markets discussed. positions in one or more of the markets discussed.
Data supplied by eSignal.com, Equis.com, Worden Brothers and Genesis Financial Data Services.
 DT Report for Wednesday, October 23, 2024

October Anniversary Dates

Not an exhaustive list of anniversary dates but recent ones of significance plus
one major one. October is the most frequent month for major reversals in many
of the financial markets.
_______

10/11/07: SPX High of the Year. Double top with July high and final high before
the GFC.
10/13/22: SPX Low of the Year
10/27/23 SPX Low; Double bottom with the January 3 low of the year.
_______

10/3/23: Dollar Index high of the year.

10/12/22: Dollar Index near double top of September high of the year.
_______

10/6/23: Gold low of the year.

10/21/22: Gold low (slightly exceeded by the November 3 low of the year.)
_______

10/21/22: Notes low of the year.

10/19/23: Notes low of the year

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 DT Report for Wednesday, October 23, 2024

Stock Indexes
ES Z24 Weekly Trend Min Price Target Min Time Target Reversal (Stop)
WE October 18
Weekly Trend Bull (OB) 5937 C < 5804.4
(Reached)
and General
Trade Strategies Should make a weekly momentum DLB Bear Reversal this week which should
complete a weekly high!

S&P Momentum Cycles Positions S&P Key Factor(s)

Weekly, DLB OB (8/13): Will make a DLB Bear Today’s sharp decline and close below 5862.75 is
Reversal from the OB zone this week which should the initial signal a weekly high is complete. A daily
complete a weekly high. close below 5804.5 will confirm a weekly high.
Daily: DLB Bear (13/21): And not OS which implies S&P Trade Strategy Suggestion
the immediate trend should be sideways to down for If a weekly high is complete, the ES should make a
2-3 days before a daily low is complete. corrective decline lasting 2-3 weeks.
__________

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 DT Report for Wednesday, October 23, 2024

Notes
ZN Z24 Weekly Trend Min Price Target Min Time Target Reversal (Stop)
Weekly Trend WE October 18 Daily C > 111’11
Bear (OS) 113’25 (Reached)
and General (Reached) (Bull Reversal)
Trade Notes have reached a position to complete a W.5 and weekly low. Trades should be
Strategies oriented to the long side following reversal signals.

Notes Momentum Cycles Positions next 2-3 days. Notes have reached time and price
Weekly, DLB OS (8/13): A weekly low is near if not target for a reversal and the daily momentum cycle
complete. is near a daily low.
Daily: DLB Bear (8/13): But the 8.. fast line reached Notes Trade Strategy Suggestion
OS warning a daily low should be near. Long positions following a close above 111’11.
Notes Key Factor(s) __________
The decline to a new low this week puts notes in the
position to complete a W.5 and weekly low in the

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 DT Report for Wednesday, October 23, 2024

Gold / Silver / GDX

GC Z24 Weekly Trend Min Price Target Min Time Target Reversal (Stop)
Weekly Trend WE September 6
Bull (OB, Wk 5) 2571 (reached) C < 2684
and General (Reached)
Trade Gold is in a position to complete at least a weekly high. See today’s video for a
Strategies Reversal Confirmation Signal.

Gold Momentum Cycles Positions position to have completed at least a weekly high
Weekly, DLB OB (13/21): Week 6. A weekly high is followed by 2-3 weeks or so sideways to down.
due. The upside should be limited before a weekly Gold Trade Strategy Suggestion
high is complete. Gold and Silver are in a position to have completed
Daily: Bear Reversal (8): Today’s daily momentum a weekly high and for short / bear position for a 2-
bear reversal should complete a weekly high as well. 3 week or so corrective decline.
Gold Key Factor(s)
A new high was made as anticipated. Today’s 3-
Close-Outside-Day-Bear-Reversal puts gold in the

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 DT Report for Wednesday, October 23, 2024

Euro / Dollar
Euro Weekly Trend Min Price Target Min Time Target Reversal (Stop)
Weekly Trend WE 10/18
Bear Exceeded C > 1.11610 (9/27 C)
and General (Reached)
Trade
Strategies A weekly low is probable this week which may coincide with the BRICS Summit.

Euro Momentum Cycles Positions Euro Trade Strategy Suggestion

Weekly, OS: The weekly momentums will be DLB The trend did not continue net bull following
OS at the end of this week warning a weekly low Friday’s bull reversal. The next higher close
may be made. should complete not just a daily but a weekly low.
But, it will take a close above 1.08304 to confirm a
Daily: DLB Bull (13/21): From the OS zone. A
weekly low.
daily low is near.
_______
Euro Key Factor(s)
The continued decline has pushed the weekly
momentums to DLB OS warning a weekly low
should be near.

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 DT Report for Wednesday, October 23, 2024

Bitcoin
BTC Weekly Trend Min Price Target Min Time Target Reversal (Stop)
Weekly Trend Weekly C <
Bull 81,229 WE Jan. 10, 2025
and General 53,695
Trade Trades should be oriented to the long side as long as Bitcoin has not closed below
Strategies 59,795. A minor correction should be complete by early next week.

Bitcoin Momentum Cycles Positions Bitcoin Trade Strategy Suggestion

Weekly, DLB Bull (13/21): And not OB. The trend Trades should be oriented to the long side on minor
should continue net bull for another 2-3 weeks corrections or momentum cycle Bull Reversals as
before a weekly momentum high is made. long as no close below 59,795, the 10/10 swing low
close. A DTF Momentum Setup should be
Daily: DLB Bear (8/13): The 8.. fast line reached
complete by early next week.
OS which warns a daily low is near.
__________
Bitcoin Key Factor(s)
A minor correction should be complete by early next
week, ideally by Friday.

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 DT Report for Wednesday, October 23, 2024

Crude
CL #F Weekly Trend Min Price Target Min Time Target Reversal (Stop)
Weekly Trend Bear 61.7 WE Nov. 22 C > 75.56
and General
Trade Any rallies should be minor corrections in a weekly bear trend that should continue
Strategies eventually to below the September low.

Crude Momentum Cycles Positions minor correction which should be complete by

Weekly, Bear (8): A weekly high should be Tuesday.
complete and the trend net bear for at least 2-3 Crude Trade Strategy Suggestion
weeks. The next DTF Momentum trade setup will be
Daily: DLB Bull (8/13): The immediate trend following the next daily momentum bear reversal
should be net bull for 2-3 days before a daily high which should be a DTF Momentum setup to
and minor correction is complete. continue a bear trend. The setup should be
complete by early next week.
Crude Key Factor(s)
__________
The advance from the October 18 low completed a
five wave decline which should be followed by a

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