top of page

Day-Trading Scenarios for Jun 30, 2026

Expect wild swings today.


Markets are digesting Monday’s rebound (Dow hit a record close above 52,000) amid ongoing US-Iran diplomacy and quarter-end positioning. Key elements:

  • Geopolitics: A fragile stand-down holds after recent strikes, with conflicting signals on talks in Doha, Qatar. The US (including envoy involvement) pushes for progress on the Strait of Hormuz and broader MOU terms, while Iran denies immediate direct meetings and emphasizes its control interests. Reduced immediate escalation risk supports risk assets and keeps oil in check, but uncertainty persists.

  • Macro/Economy: Light calendar today, but focus on upcoming data (e.g., JOLTS) and end-of-quarter flows. Sticky prior PCE inflation keeps Fed policy in focus. Tech rebound and value rotation (benefiting Dow components) helped Monday’s move, with AI momentum and de-escalation providing tailwinds. Quarter-end rebalancing could add volatility.


Case-Shiller Home Price Index

 9:00 AM ET


FHFA House Price Index

 9:00 AM ET


Chicago PMI

 9:45 AM ET


Consumer Confidence

 10:00 AM ET


JOLTS

 10:00 AM ET


Treasury Buyback Announcement (Preliminary)

 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


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

DATE: 6/30/2026

TIME: 9:35 AM

HIGH: 52700

LOW: 52179

CLOSE: 52572

PIVOT: 52484

SUPPORT: 52315

RESISTANCE: 52858

SWING MAGNITUDE: 233

TIME OF COMMENT: 9:35 AM

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

 
 
 

Recent Posts

See All
Day-Trading Scenarios for Aug 7, 2026

We broke out yesterday on the downside. Now be respectful of 2 trends, the daily and the 4 hour trend. Fundamental context for day traders The weaker-than-expected payrolls print reinforces the coolin

 
 
 
Day-Trading Scenarios for Aug 6, 2026

We start with a narrow range. This means the market, including the institutions, are confused as to the next move. This tells us to be patient, wait for the break, then get aboard. We are overbought.

 
 
 
Day-Trading Scenarios for Aug 5, 2026

Earnings keep beating analyst expectations. I do expect us to top out next week, so enjoy the easy money on the buy side while it lasts. Previous day (Tuesday, August 4, 2026) recap: The cash Dow Jone

 
 
 

Comments


bottom of page