Day-Trading Scenarios for Jul 09, 2026

Market trying to recover from the Wednesday sell off.

2 Resistance areas to consider shorts:

52725 the Daily Pivot

52899 a previous broken support.

Fed Minutes: Minutes from the latest FOMC meeting (released yesterday or today) highlighted concerns over inflation risks (tariffs, energy) and labor market softening. Officials remain data-dependent with a cautious/hawkish lean from some members—no clear dovish shift. Markets are pricing limited near-term rate moves.

Sector Dynamics: Tech/AI (chips) faced pressure from Samsung results and broader rotation concerns, weighing on Nasdaq, while the Dow benefits from value rotation. Geopolitical tensions (e.g., Middle East) support oil and add inflation vigilance. Earnings season ramps up.

Existing Home sales at 10:00 am.

Look for sell stops below 52500.

Jobless Claims

 8:30 AM ET

John Williams Speaks

 9:00 AM ET

Existing Home Sales

 10:00 AM ET

EIA Natural Gas Report

 10:30 AM ET

Treasury Buyback Announcement

 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

4-Week Bill Auction

 11:30 AM ET

8-Week Bill Auction

 11:30 AM ET

30-Yr Bond Auction

 1:00 PM ET

Lorie Logan Speaks

 1:30 PM ET

Treasury Buyback Results

 2:00 PM ET

Fed Balance Sheet

 4:30 PM ET

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

DATE: 7/9/2026

TIME: 9:24 AM

HIGH: 53207

LOW: 52343

CLOSE: 52624

PIVOT: 52725

SUPPORT: 52449

RESISTANCE: 53000

SWING MAGNITUDE: 221

TIME OF COMMENT: 9:24 AM

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