Day-Trading Scenarios for Mar 10, 2026

Best advice is to trade lighter. News events abound.

Trends evaporate in a heartbeat as yesterday's huge rally pointed out. Our job is to follow the trend but also to protect our precious capital.

First minor support now is 47575. Minor resistance is 47780. Trade both ways.

The session was extremely volatile and geopolitically driven. The cash Dow opened around 47,371, plunged as much as ~900 points to an intraday low of 46,615 early in the day as oil prices spiked sharply (briefly toward $100–120) on fears surrounding the escalating U.S./Iran/Israel conflict and potential Strait of Hormuz disruptions.

Bias for today: Consolidation or mild continuation of the bounce is possible if oil stays contained and no fresh Middle East escalation hits. A clean break and hold above 47,800–47,900 would target 48,000–48,500. Failure to hold 47,500–47,600 opens the 46,600 support again. Expect choppy, news-driven trading with elevated volatility.

NFIB Small Business Optimism Index

 6:00 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

3-Yr Note Auction

 1:00 PM ET

Treasury Buyback Results

 2:00 PM ET

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

DATE: 3/10/2026

TIME: 9:25 AM

HIGH: 47923

LOW: 46333

CLOSE: 47769

PIVOT: 47342

SUPPORT: 47312

RESISTANCE: 48068

SWING MAGNITUDE: 257

TIME OF COMMENT: 9:25 AM

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