Day-Trading Scenarios for Mar 17, 2026

Happy St. Patrick's Day.

The E-mini Dow futures showed a solid rebound after recent weakness tied to geopolitical tensions and oil volatility. The front-month March contract (YMH6) closed higher, with settlements around 46,984 (+392 points or +0.84% in some reports), reflecting gains in the cash Dow Jones Industrial Average, which rose about 388 points (+0.83%) to close near 46,946.

Fed announcement is on Wednesday.

Bias this morning: Cautious/neutral with upside tilt if buyers step in on dips—watch for continuation above 47,300 for stronger conviction. Risk of short-lived rebound or fade if oil/geopolitics headlines intensify or Fed-related caution builds.

Volatility remains elevated with the Fed meeting kicking off (rates likely on hold) and oil/geopolitical wildcards. Trade those levels tightly—early session often sets the tone.

Support now is 47320 then 47266. Resistancce 47621.

4-Month Bill Settlement

FOMC Meeting Begins

Housing Starts and Permits

 8:30 AM ET

Pending Home Sales Index

 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

52-Week Bill Auction

 11:30 AM ET

20-Yr Bond Auction

 1:00 PM ET

Treasury Buyback Results

 2:00 PM ET

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

DATE: 3/17/2026

TIME: 9:17 AM

HIGH: 47520

LOW: 46610

CLOSE: 47289

PIVOT: 47140

SUPPORT: 46980

RESISTANCE: 47568

SWING MAGNITUDE: 219

TIME OF COMMENT: 9:17 AM

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