Tuesday, April 4, 2023

DTI Daily Rundown - April 04

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On TBUZ TV Today:

4150.00 Pivot.

4175.00 Resistance

4125.00 Support

Open of 2023: 3895.00, Open of April 4127.00

Day 2. Monday's high and low 4157.75 and 4122.75

4 Day week, Futures markets close at 9:15am ET on Friday.

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Market Review:

Awareness

At 11am ET there will be a non-market event that has potential to create a market reaction. Regardless of your politics, it is important to simply be aware.

Traders tend to view news events as opportunities. The opportunity for reward, and for risk, exist hand in hand. During news events, we typically look away from the news, and look to the market. If we know the time of the news event, the market will show us the reaction. Put your own personal views aside, and trade what the market shows you. Or don't trade and study the market reaction. Remember, we don't trade the news, we trade the market's reaction to news.


Over 70% of stocks track with the S&P 500 Futures

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Major Events:

Apr 5 ADP Employment

Apr 5 ISM Services PMI

Apr 7 Employment Reports

Apr 12 CPI

Apr 13 PPI

Key Numbers Opens: Above or Below

4152.00 is the open

4127.00 is the open of the Quarter

4008.00 was the open of last Week

3968.50 was the open of March 2023

3895.00 is the open of 2023

What's Hot and Not!

Gold and Crude

Gold made a new high yesterday and pulled back overnight. Look for 2005.0 for a new run.

Crude surged yesterday, look for 83.11 to go fishing in the oil pond on a closing basis.

Past performance is not indicative of future results. Futures trading involves substantial financial risk.

Please consult your personal financial advisor before using this information for your own trading purposes.

RISK DISCLAIMER There is a very high degree of risk involved in trading.. DTI Trader and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.

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