Day-Trading Scenarios for Feb 26, 2026

Market nicely recovering from the 800 point crash. NVIDA crushed earnings.

Yet investors want more!

We will look to buy pullbacks this morning. First good support is 49520. Wait and watch for reversals.

Momentum indicators are not overbought, leaving room for upside continuation on positive catalysts. A break and hold above 49,700 would target 50,000 quickly. Conversely, a failure to hold 49,400 could see quick retest of 49,200. Expect typical early-session chop around data releases before directional conviction sets in.

Net expectation: Range-bound to slightly higher bias if labor data is interpreted as “not too hot, not too cold” and Bowman stays balanced. Watch for profit-taking in tech if Nvidia reaction sours further. Risk-off move possible on any hawkish surprise or weak auction demand.

Bottom line for traders: YM is in a constructive short-term uptrend but lacks strong conviction this morning. Focus on 49,400 support and 49,700 resistance. Manage risk tightly around the 9:00 AM speech and noon auction.

Durable Goods Orders

 8:30 AM ET

Jobless Claims

 8:30 AM ET

Retail Inventories (Advance)

 8:30 AM ET

Wholesale Inventories (Advance)

 8:30 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

Kansas City Fed Manufacturing Index

 11:00 AM ET

4-Week Bill Auction

 11:30 AM ET

8-Week Bill Auction

 11:30 AM ET

7-Yr Note Auction

 1:00 PM ET

Fed Balance Sheet

 4:30 PM ET

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

DATE: 2/26/2026

TIME: 9:08 AM

HIGH: 49583

LOW: 49124

CLOSE: 49534

PIVOT: 49414

SUPPORT: 49247

RESISTANCE: 49793

SWING MAGNITUDE: 232

TIME OF COMMENT: 9:08 AM