Day-Trading Scenarios for Apr 21, 2026

The cash Dow Jones Industrial Average (DJIA) closed nearly flat at 49,442.56, down just 4.87 points (-0.01%). YM futures settled around 49,639 (with intraday cash-equivalent action showing limited movement).

The session was quiet overall, with the major indices giving back a tiny fraction of the prior week's strong gains. The Nasdaq snapped its impressive 13-day winning streak, while small-caps (Russell 2000) bucked the trend and hit a new closing high.

Bias: Very bullish in the near term. Analysts note the index has completed a correction from the April 2025 low. A decisive break above the prior high at 50,611 would confirm stronger upside momentum. As long as the major low at ~45,065 holds, dips should find buyers.

Shorter-term, YM is consolidating after last week's gains. Watch for a reaction to retail sales data—stronger-than-expected figures could fuel a push toward 50,000, while weakness might test the 49,400 area. Moving averages remain supportive on daily/weekly charts, with the structure favoring buyers on pullbacks near the weekly 20 SMA area (~48,500 in some analyses, though price has moved higher).

4-Month Bill Settlement

Retail Sales

 8:30 AM ET

Business Inventories

 10:00 AM ET

Pending Home Sales Index

 10:00 AM ET

Senate Banking Committee Nomination Hearing of Kevin Warsh

 10:00 AM ET

Treasury Buyback Announcement (Preliminary)

 11:00 AM ET

4-Week Bill Announcement

 11:00 AM ET

8-Week Bill Announcement

 11:00 AM ET

4-Month Bill Announcement

 11:00 AM ET

6-Week Bill Auction

 11:30 AM ET

Christopher Waller Speaks

 2:30 PM ET

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DATE: 4/21/2026

TIME: 7:19 AM

HIGH: 49731

LOW: 49090

CLOSE: 49639

PIVOT: 49487

SUPPORT: 49591

RESISTANCE: 50150

SWING MAGNITUDE: 227

TIME OF COMMENT: 7:19 AM

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