Day-Trading Scenarios for Jun 09, 2026

Trend up to start but nearing resistance.

The SMF has dropped today to 187, still plenty of opportunities to make money.

US stock markets staged a partial recovery from Friday’s sharp selloff. Tech and semiconductor stocks rebounded as investors bought the dip after the brutal AI-related losses, though gains faded into the close. The session was mixed overall amid ongoing Middle East tensions (Iran-Israel flare-up and partial de-escalation signals) that kept oil elevated.

• Dow Jones Industrial Average: Closed down modestly ~81 points (-0.16%) at 50,786.

• S&P 500: Up ~0.3% to around 7,406.

• Nasdaq: Stronger rebound, up ~0.9% (led by chip stocks recovering some ground).

• Indicators: Mixed signals across timeframes. Watch for a hold above Monday’s lows and reclaim of 51k for bullish continuation. Failure to hold supports could retest Friday lows. Volume and rotation (tech vs. defensives) will be key in thin early-week trading.

Bias: Cautious/neutral with potential for continuation of the relief bounce if geopolitics calm and no negative surprises in data. Intraday traders should focus on prior day high/low pivots and reactions to news.

Fundamental Outlook for Today

• Economic calendar (relatively light):

  • NFIB Small Business Optimism (early).

  • Trade Balance.

  • Existing Home Sales.

  • Wholesale Inventories.

• Key themes: Focus remains on upcoming mid-week inflation data (CPI/PPI) for Fed policy clues after the strong May jobs report. Geopolitics — Iran-Israel tensions eased somewhat overnight (ceasefire signals, reduced immediate strike fears), leading to some oil price pullback, which is generally supportive for equities.

NFIB Small Business Optimism Index

 6:00 AM ET

International Trade in Goods and Services

 8:30 AM ET

Existing Home Sales

 10:00 AM ET

Treasury Buyback Announcement

 11:00 AM ET

4-Week Bill Announcement

 11:00 AM ET

8-Week Bill Announcement

 11:00 AM ET

4-Month Bill Announcement

 11:00 AM ET

6-Week Bill Auction

 11:30 AM ET

52-Week Bill Auction

 11:30 AM ET

3-Yr Note Auction

 1:00 PM ET

Treasury Buyback Results

 2:00 PM ET

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

DATE: 6/9/2026

TIME: 9:13 AM

HIGH: 51331

LOW: 50624

CLOSE: 50856

PIVOT: 50937

SUPPORT: 50736

RESISTANCE: 51303

SWING MAGNITUDE: 187

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