Day-Trading Scenarios for Jul 13, 2026

SMF has come down. Expect more range-bound trading.

This will persist until we can break out above 53650 or below 52300.

Friday Recap (July 10, 2026) for /YMU26 (Sep '26 Dow E-mini):

Price action: The contract opened around the 52,700–52,800 area in premarket and traded in a relatively choppy but modestly positive range during the session. It closed the day near 52,800–52,900 (exact settlement depends on final tick, but futures held the higher end of the recent consolidation). Overall daily range was moderate (~300–500 points), with buyers defending key support zones after earlier-week weakness.
Key levels hit: Price respected the 52,500–52,600 support zone multiple times. It failed to push convincingly above 53,000 resistance but avoided a deeper sell-off. Volume was average for a Friday; no major breakout or breakdown.

Setup ideas:
- Long bias: Buy dips to 52,550–52,650 with tight stops below 52,500. Targets: 53,000 then 53,200. Look for volume confirmation or hold above VWAP at open.
- Short bias: Only on clear rejection at 53,000+ with momentum fade. Targets: 52,600 then 52,400.
- Watch for early range establishment (first 30–60 min) — Fridays often lead to Monday gap fills or continuation.
Indicators to watch: RSI for overbought/oversold extremes, MACD for crossovers, and volume profile for high-volume nodes near 52,700–52,800.

Risk note: Low volume early Monday can lead to whipsaws. Use small size until direction clarifies.

Macro backdrop: Light calendar early week, but focus remains on inflation trajectory, Fed policy expectations, and earnings rotation. Any fresh tariff/geopolitical headlines could boost volatility (safe-haven flows or risk-off in industrials).
Sector rotation: Dow benefits from strength in financials, industrials, and energy. Watch for correlation with broader indices — Nasdaq weakness could pressure Dow if tech selling spills over.
Overnight/global cues: Asian markets mixed; European futures mildly positive. US dollar and bond yields will influence sentiment.

Michelle Bowman Speaks

5:25 AM ET

3-Month Bill Auction

11:30 AM ET

6-Month Bill Auction

11:30 AM ET

Christopher Waller Speaks

12:30 PM ET

Treasury Statement

2:00 PM ET

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

DATE: 7/13/2026

TIME: 8:41 AM

HIGH: 52992

LOW: 52506

CLOSE: 52906

PIVOT: 52801

SUPPORT: 52596

RESISTANCE: 53019

SWING MAGNITUDE: 195

TIME OF COMMENT: 8:41 AM

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

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