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Day-Trading Scenarios for Mar 12, 2026

We are below the daily 200 day moving average.


That again means wait for short term overbought and go short. The only red flag would be to cut back on high volatility. We use a metric based on a 1 minute chart.


First resistance is 47145. Next is 47299. First support is 46850.


The primary driver was escalating geopolitical tensions in the Middle East, particularly involving Iran and concerns over supply disruptions (e.g., Strait of Hormuz), which sent oil prices surging higher and reignited inflation fears across energy costs. This created a risk-off environment despite any offsetting factors like strategic reserve releases.


Overall Bias for March 12: Volatile and cautious. Positive domestic data offers some underlying support, but persistent geopolitical/oil pressure keeps the near-term path of least resistance lower unless oil stabilizes or risk sentiment improves. Watch the 47,000 level closely for directional clues heading into the cash open at 9:30 AM and throughout the session. Use tight risk management given the headline-driven environment.


6-Week Bill Settlement


Housing Starts and Permits

 8:30 AM ET


International Trade in Goods and Services

 8:30 AM ET


Jobless Claims

 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


52-Week Bill Announcement

 11:00 AM ET


10-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: 3/12/2026

TIME: 9:20 AM

HIGH: 47970

LOW: 47210

CLOSE: 47448

PIVOT: 47543

SUPPORT: 46734

RESISTANCE: 47667

SWING MAGNITUDE: 260

TIME OF COMMENT: 9:20 AM

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

 
 
 

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