Day-Trading Scenarios for Apr 30, 2026

🟢 DOW-SPECIFIC EARNINGS BOOSTS

Caterpillar beat earnings expectations and shares popped ~6% pre-market — a direct, significant boost to YM given CAT's heavy Dow weighting. CAT raised its annual revenue forecast, benefiting from the AI infrastructure construction boom.

Other names reporting today that touch Dow components: Eli Lilly (up 7% on a beat and raised guidance), Merck, Mastercard, and Apple after the close.

🛢️ Oil / Geopolitics

Oil prices are pulling back slightly today after yesterday's spike, which is providing some relief to Dow industrials and consumer names. However, Brent remains near multi-year highs and the Iran/Hormuz situation remains unresolved.

Technical picture is severe chop.

First we break support, now we break resistance.

The smart move is to watch a bigger time frame. We are reporting late today because of our heavy early trading activity.

So what do we do for rest of day? Enjoy our profits and then watch for profit liquidation to drop back to the 15 minute chart 20 period simple moving average which now stands at 49000.

That would be a good buy area.

20-Yr Bond Settlement

GDP

 8:30 AM ET

Jobless Claims

 8:30 AM ET

Personal Income and Outlays

 8:30 AM ET

Employment Cost Index

 8:30 AM ET

Chicago PMI

 9:45 AM ET

Leading Indicators

 10:00 AM ET

EIA Natural Gas Report

 10:30 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

4-Week Bill Auction

 11:30 AM ET

8-Week Bill Auction

 11:30 AM ET

Farm Prices

 3:00 PM ET

Fed Balance Sheet

 4:30 PM ET

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

DATE: 4/30/2026

TIME: 10:20 AM

HIGH: 49417

LOW: 48790

CLOSE: 49012

PIVOT: 49073

SUPPORT: 49017

RESISTANCE: 49563

SWING MAGNITUDE: 216

TIME OF COMMENT: 10:20 AM

COMMENT: For today's real-time trading calls enjoy a One Week Trial at https://www.eminiace.com/services For today's numbers visit the blog https://www.eminiace.com/blog