Day-Trading Scenarios for Jan 07, 2026
- Alex Wasilewski
- Jan 7
- 1 min read
Mr. Market keeps marching toward 50,000.
Obviously, it will not be in a straight line. There will be pullbacks equal to the swing magnitude factor (contact us at coach@eminiace.com to learn how to calculate the SMF).
Our first good pullback support is 49640. Scalpers can use shorter term stochastics to time entry.
Labor market data remains mixed but stable—December's ADP private payrolls rose 41,000 (a rebound from November's decline but slightly below expectations), signaling a cooling yet not collapsing jobs market. The 10-year Treasury yield dipped to 4.13%–4.14%, supporting equities by keeping borrowing costs in check.
Friday's nonfarm payrolls report will be pivotal—strong data could reinforce the soft-landing narrative, while weakness might heighten recession fears.
MBA Mortgage Applications
7:00 AM ET
ADP Employment Report
8:15 AM ET
Factory Orders
10:00 AM ET
ISM Services Index
10:00 AM ET
JOLTS
10:00 AM ET
EIA Petroleum Status Report
10:30 AM ET
Treasury Buyback Announcement (Preliminary)
11:00 AM ET
4-Month Bill Auction
11:30 AM ET
Michelle Bowman Speaks
4:10 PM ET
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DATE: 1/7/2026
TIME: 9:03 AM
HIGH: 49766
LOW: 49096
CLOSE: 49721
PIVOT: 49528
SUPPORT: 49491
RESISTANCE: 50001
SWING MAGNITUDE: 218
TIME OF COMMENT: 9:03 AM
COMMENT: For today's real-time trading calls enjoy a One Week Trial at https://www.eminiace.com/services
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