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Start with small uptrend on low volume. The cash Dow Jones Industrial Average closed at approximately 48,536, up about 318 points (+0.66–0.7%). YM futures settled near 48,755 after trading in a range roughly from 48,344 to 48,808. The session showed solid bullish momentum, with the index recovering from any early weakness and closing near the highs of the day. This marked a continuation of the relief rally, as markets extended gains for a second straight session amid easing g

Market continues its upward grind. We have at least 3 elements of 4 flashing "buy the pullbacks." First support zone is 48350 to 48299, then 48100 to 48070. Resistance is 48601 then 48639. The Dow E-mini futures (YM, front-month June 2026 contract YMM6) settled at 48,425, up approximately +296 points (+0.62%) from Friday's close. The contract opened near 47,674 (or around 48,000 area in active trading), with an intraday range roughly spanning 47,534–48,457 before closing firm

Failed talks. Not really a big surprise. As contrarians we took a long trade when market opened Sunday. Small profits. Then market had 300 point run up. Amazingly the market came down to our entries at 8:15 AM Eastern and we started the week with 2 chances at a 60 point winner. Since trend is down and market has discounted the bad news, we should be happy to keep early profits. Be patient and wait for a rebound to at least the 47807 area and above to go short. Next support is

Ranges are contracting as volatility subsides. Don't forget about using the 27 minute cycle. The Dow E-mini futures (YM, June 2026 contract YMM6) settled higher around 48,416, gaining modestly with the cash Dow Jones Industrial Average closing at 48,185.80 (+276 points or +0.58%). The contract traded in a range roughly from 47,902 to 48,555, opening near 48,090 before extending gains in a continuation of the relief rally. The near-term technical picture remains constructive b

Explosinve rally turns daily trend up. What does that mean for today? Traders who missed the move, and short positions that are still trapped want a chance to buy at lower prices. Look for Banker's Flushes if sell stops are hit. Nearest support is 47790. Nearest resistance is 48083. Geopolitics remains the dominant driver: The two-week U.S.-Iran ceasefire is under early strain. Iran has signaled the truce "has been broken" or faces challenges, with reports of renewed skeptici

Oil down, Dow up. Swing magnitude factor is 310. That means if a trader did not get long last night when the cease fire was announced, you have a tough job today. You dont want to chase but you dont want to miss the upwaves. Because of the larger risk, cut position size down 50%. Look for pullbacks toward first support at 47835, with low stochastics and the first sign of resumption of trend. Our advice in the trading room is to make at least 100 points on the Dow and be done

What next in Iran? That is the headline influencing the market now. We will wait for the first 15 minute bar to form before going with the break out. The market is experiencing stop runs above and below. Trade a little smaller today. Next support 46580. Next resistance 46905. No high-impact U.S. data is scheduled for today (Tuesday, April 7). Attention remains squarely on geopolitical developments around U.S.-Iran ceasefire talks. Reports of mediator proposals and a potential

Market ranges have been contracting as Iran news is getting discounted. Interest rates and earnings still on the radar. We begin with a 100 point range which will be expanded when market opens. Nearest support 46580. Nearest resistance 46800. Swing magnitude has declined to 212. Trend is neutral. As of early pre-market/early-session trading (data around 9:00–9:06 AM EDT), YM is quoted near 46,660, showing a modest gain of roughly +30 points from Friday’s settlement in thin e

Wild news related swings continue. Earnings and corporate developments - second place. Market continues with daily ranges over 800 points. Nearest resistance is 46300, then 46450. Nearest support is 46030, then 45945. The dominant driver is geopolitical risk. President Trump’s latest comments stating the war with Iran is “not yet over” dashed yesterday’s de-escalation hopes and triggered an immediate risk-off move: Dow futures are sharply lower while oil prices are climbing.

Huge expansion of volume and range. All based on Iran news and oil. Follow-thru continues. We look to buy reversal patterns off of the SMF pullbacks. Daily timeframe shows Strong Sell signals overall, with both Moving Averages and Technical Indicators flashing Strong Sell. This suggests the longer-term structure remains cautious despite the short-term bounce. Near-term price action is bullish on the geopolitical relief trade, but watch for potential resistance near the psy

Market breathing again. We start the day looking to buy pullbacks. First support is 45533, then 45410. Resistance is 45900, then 46172 The underlying market risks are: Sticky inflation or slower-than-expected rate cuts could cap upside. Geopolitical tensions or policy uncertainty (tariffs, debt ceiling) may cause volatility spikes. Valuation concerns if earnings disappoint or growth slows. When the biggest trader fears are removed, like Iran and the budget impasse, bullish fa

Down 228 right before the open. We try to trade with the trend. If there are rallies more than 125 ticks look to short them. Next support is 45797 Next resistance is 46260. Trend lines on flags should work well. Strong Sell signal overall. Moving averages (across timeframes) are heavily bearish (12 sell, 0 buy). Technical indicators (RSI, MACD, Stochastics, etc.) also show Strong Sell (7 sell, 0 buy). Recent price action: Pullback from ~48,500 peak in mid-March; now testing

Market in daily trading range 47146 to 45482 Today's range is 474 points to start. We fade breakouts. As of early morning trading (around 9:17 AM EDT), the June contract opened at 46,726 but quickly reversed, hitting a low of 46,271 and trading near 46,328 (down ~0.8% from yesterday’s close and ~1% from the open). Volume remains light early on (~20k contracts). The broader technical picture remains corrective and bearish: Price has been in a clear downtrend since mid-February

Wide ranges continue. swing Magnitude Factor 268. Wait for momentum to synch with trend and look to buy large selloffs, but only after the reversals. First support is 46610. First resistance is 46999. The session was part of a multi-day selloff heading into triple witching expiration, with high trading volumes hitting 2026 highs. Price action was heavy on the downside: futures opened around the 46,100–46,200 area but accelerated lower in the afternoon as oil prices reversed e

Large Swing Magnitude for today 275 points. Play both ends of an extreme range which should top out at 700 points. Yesterday's bounce off the 45,453 low provided short-term relief in the broader medium-term correction/downtrend from the ~50,000+ zone earlier in 2026. The move reclaimed some ground but remains below key overhead resistance. Short-term momentum has improved from oversold levels (RSI bounced from sub-30), but the larger picture shows the index still in a downtre

We have traded 5 times so far this morning. Not going to trade the open. There will be 300 point swings in both directions. The alligators are not all out of the kiddie pool. be safe. All news driven. Oil prices are plunging (down ~10%+ in spots), VIX is easing, and equity futures have surged. This is classic relief-rally fuel, though the situation remains fluid and fragile — any reversal in rhetoric or new strikes could flip sentiment instantly. Before the open the daily ran

The rate of decline is slowing. The next major support is last year's August lows of 44600. Look for some bargain hunting today near newly found support. Before the open we are in a trading range of 130 points. Since yesterday was a narrow range expect a break out like the Crable. Light calendar today, with only the Baker Hughes U.S. Oil Rig Count (~1:00 PM ET) as a minor energy data point—unlikely to dominate unless surprises. Primary drivers carry over: geopolitical risks

The trend simply accelerating. We have taken out November 2025 lows. We expect that any institutional buying is only designed to get traders short or mitigate losses on longs. Next support is 46130, then 45935. Resistance is 46475, then 46850. MBA Mortgage Applications 7:00 AM ET PPI-Final Demand 8:30 AM ET Factory Orders 10:00 AM ET Atlanta Fed Business Inflation Expectations 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET Treasury Buyback Announcement (Preliminary)

Fed report at 2:00 PM Before that we had disturbing reaction to the PPI reports. We start the day with all three trends down. Recovery days may be ending. Look to short 110 tick rallies but be done by 11:00 AM Eastern. Then wait for the Fed announcement. Resistance is 47229, then 47310. Support 46997 then 46800. Fundamental Outlook for Today (March 18, 2026): The dominant event is the FOMC policy decision at 2:00 PM ET (widely expected to hold the target range steady at 3.5

Happy St. Patrick's Day. The E-mini Dow futures showed a solid rebound after recent weakness tied to geopolitical tensions and oil volatility. The front-month March contract (YMH6) closed higher, with settlements around 46,984 (+392 points or +0.84% in some reports), reflecting gains in the cash Dow Jones Industrial Average, which rose about 388 points (+0.83%) to close near 46,946. Fed announcement is on Wednesday. Bias this morning: Cautious/neutral with upside tilt if buye