Day-Trading Scenarios for Mar 13, 2026

Do you feel lucky?

We start with a short term recovery uptrend. This should continue unless the 15 minute bar closes below 46770.

The dominant driver remains geopolitical escalation in the Middle East (Iran-related tensions, potential Strait of Hormuz disruptions, tanker/port issues), pushing WTI crude sharply higher (up ~9–10% intraday at points, settling with strong gains toward $95+ levels). This fueled inflation fears, higher input costs, and broad risk-off sentiment across equities despite any pockets of resilience elsewhere.

Bias leans neutral to mildly bullish intraday as long as it holds above 46,700–46,800 on any pullback. A sustained push above 47,100 could target further short-covering toward 47,400+. However, failure here keeps the broader corrective/downtrend intact—watch for rejection on headline spikes. Volatility is still elevated; expect chop around data releases.

Durable Goods Orders

8:30 AM ET

GDP

8:30 AM ET

Personal Income and Outlays

8:30 AM ET

Consumer Sentiment

10:00 AM ET

JOLTS

10:00 AM ET

Baker Hughes Rig Count

1:00 PM ET

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DATE: 3/13/2026

TIME: 9:11 AM

HIGH: 47383

LOW: 46703

CLOSE: 46721

PIVOT: 46936

SUPPORT: 46674

RESISTANCE: 47373

SWING MAGNITUDE: 242

TIME OF COMMENT: 9:11 AM

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