Day-Trading Scenarios for Feb 23, 2026

We start today with an inside day compared to Friday.

That means retracement trades do not work as well. First resistance is 49590 and after that 49774. Support is 49420 then 49179.

Look for breaks of small trading zones to take break out trades.

The market is opening under pressure from renewed tariff uncertainty after President Trump announced an increase in global tariffs to 15% over the weekend, following the Supreme Court's decision to invalidate his prior "reciprocal" tariffs.

This has sown confusion, with Dow futures dropping around 0.4-0.5% in pre-market, while safe-haven assets like gold rise 0.7% and Bitcoin slips. Social media sentiment echoes this volatility, with discussions highlighting the tariff hike as a key driver of the dip.

Christopher Waller Speaks

 8:00 AM ET

Chicago Fed National Activity Index

 8:30 AM ET

Chicago Fed National Activity Index

 8:30 AM ET

Factory Orders

 10:00 AM ET

Dallas Fed Manufacturing Survey

 10:30 AM ET

Treasury Buyback Announcement (Preliminary)

 11:00 AM ET

3-Month Bill Auction

 11:30 AM ET

6-Month Bill Auction

 11:30 AM ET

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

DATE: 2/23/2026

TIME: 8:15 AM

HIGH: 49775

LOW: 49204

CLOSE: 49674

PIVOT: 49551

SUPPORT: 49179

RESISTANCE: 49774

SWING MAGNITUDE: 219

TIME OF COMMENT: 8:15 AM

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