Day-Trading Scenarios for Jun 03, 2026

Expect sharp swings of 214 points up and down today.

The cash Dow Jones Industrial Average closed at 51,307.79, up +228.91 points (+0.45%). It hit a new all-time intraday high during the session.

• Futures (YMM26): The June contract settled higher, tracking the cash index strength. It recovered from early weakness tied to geopolitical headlines and closed near the highs of the day.

• Broader market: S&P 500 closed at a record 7,609.78 (+0.13%), and Nasdaq Composite edged up slightly to 27,093.90 (+0.03%). All three major indexes posted fresh record closes

• Key levels:

  • Resistance: 51,404 – 51,615, then 51,830+.

  • Support: 51,013, 50,626, and deeper at 50,400–50,500.

• The longer-term trend remains bullish with higher highs and higher lows, but the index is extended near records. Short-term signals are mixed, with some overbought readings suggesting potential consolidation or a minor pullback.

• A hold above 51,000 keeps the bullish bias alive for continuation toward 51,600–52,000. A decisive break below 50,900–51,000 could accelerate selling toward the 50,500 zone.

Michael Barr Speaks

 9:00 AM ET

PMI Composite Final

 9:45 AM ET

Factory Orders

 10:00 AM ET

ISM Services Index

 10:00 AM ET

EIA Petroleum Status Report

 10:30 AM ET

Treasury Buyback Announcement

 11:00 AM ET

Treasury Buyback Announcement (Preliminary)

 11:00 AM ET

4-Month Bill Auction

 11:30 AM ET

Beige Book

 2:00 PM ET

Treasury Buyback Results

 2:00 PM ET

Lorie Logan Speaks

 4:00 PM ET

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

DATE: 6/3/2026

TIME: 9:13 AM

HIGH: 51443

LOW: 50841

CLOSE: 51400

PIVOT: 51228

SUPPORT: 51045

RESISTANCE: 51606

SWING MAGNITUDE: 214

TIME OF COMMENT: 9:13 AM

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

Don't enter trades too soon. It is ok to anticipate but better idea is to wait until you see the volume pick up with the institutions.

Enjoy the day.