Day-Trading Scenarios for Apr 2, 2026

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.

Watch for any signs of diplomatic progress (or escalation) in the Iran conflict — those will move YM faster than any single economic release. Technically the path of least resistance is lower in the near term, but oversold conditions could set up a bounce if risk appetite stabilizes.

The daily trend remains down. There are huge sell stops below 45885.

Challenger Job-Cut Report

7:30 AM ET

International Trade in Goods and Services

8:30 AM ET

Jobless Claims

8:30 AM ET

EIA Natural Gas Report

10:30 AM ET

Lorie Logan Speaks

11:00 AM ET

3-Month Bill Announcement

11:00 AM ET

6-Week Bill Announcement

11:00 AM ET

6-Month Bill Announcement

11:00 AM ET

3-Yr Note Announcement

11:00 AM ET

10-Yr Note Announcement

11:00 AM ET

30-Yr Bond Announcement

11:00 AM ET

4-Week Bill Auction

11:30 AM ET

8-Week Bill Auction

11:30 AM ET

Baker Hughes Rig Count

1:00 PM ET

Fed Balance Sheet

4:30 PM ET

<<<<<<<<<<<<<<<<<<<<<<<<<<<

DATE: 4/2/2026

TIME: 9:02 AM

HIGH: 47090

LOW: 46492

CLOSE: 46806

PIVOT: 46796

SUPPORT: 45887

RESISTANCE: 46686

SWING MAGNITUDE: 240

TIME OF COMMENT: 9:02 AM

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