Day-Trading Scenarios for Jun 11, 2026
- Alex Wasilewski
- Jun 11
- 2 min read
If the Dow closes below 50200 today, it will turn the daily chart into a downtrend.
We like shorting 200 point rallies today.
Previous Day Recap (Wednesday, June 10, 2026) for Dow Futures (YM Jun '26):
The cash Dow Jones Industrial Average closed sharply lower at 49,918.78, down 953 points (-1.87%). This marked one of the worst days of the year, driven by a combination of the May CPI report and escalating geopolitical tensions.
Session action: Markets opened softer and sold off aggressively. Tech-heavy sectors (Nasdaq down ~2%) underperformed amid ongoing AI/Chip stock pressure, while broader risk-off sentiment hit equities. Oil prices rose on Middle East developments (U.S.-Iran related), adding inflationary concerns and pressuring sentiment. The Dow showed some relative resilience earlier but couldn't hold gains.
CPI reaction: May CPI came in +0.5% MoM / +4.2% YoY (headline in line with expectations, highest annual rate since 2023, driven largely by energy/oil from geopolitics). Core CPI was +0.2% MoM / +2.9% YoY (somewhat softer than feared on core). Markets initially pared losses post-release but reversed as geopolitics dominated.
Futures (YM) traded volatile, with the June contract reflecting the cash weakness and settling in a pressured range.
Major catalyst: May PPI (Producer Price Index) at 8:30 AM ET, along with Initial Jobless Claims. PPI expected higher (headline ~0.7–1.4% MoM range in forecasts), potentially reinforcing inflation narrative from CPI. Hotter-than-expected could pressure risk assets further; softer could aid recovery.
Geopolitics: Ongoing U.S./Iran/Israel/Middle East tensions remain a dominant driver, supporting oil but weighing on equities and boosting safe-havens. Any de-escalation headlines could spark relief rallies.
Broader context: Fed rate path repricing (higher-for-longer bias amid sticky inflation), sector rotation (defensives/value vs. tech), and lingering AI/valuation concerns. No major earnings dominating today.
Jobless Claims
8:30 AM ET
PPI-Final Demand
8:30 AM ET
Quarterly Services Survey
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
5-Yr TIPS Announcement
11:00 AM ET
20-Yr Bond 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
Treasury Buyback Results
2:00 PM ET
Fed Balance Sheet
4:30 PM ET
<<<<<<<<<<<<<<<<<<<<<<<<<<<
DATE: 6/11/2026
TIME: 9:19 AM
HIGH: 50906
LOW: 49873
CLOSE: 49990
PIVOT: 50256
SUPPORT: 50047
RESISTANCE: 50806
SWING MAGNITUDE: 231
TIME OF COMMENT: 9:19 AM
COMMENT: For today's real-time trading calls enjoy a One Week Trial at https://www.eminiace.com/services
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