Thursday, April 6, 2023

DTI Daily Rundown - April 06

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On TBUZ TV Today:

4125.00 Pivot.

4145.00 Resistance

4100.00 Support

Open of 2023: 3895.00, Open of April 4127.00

Bonus class at 11am ET

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

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Market Review:

Bonus News for Futures Traders

The Good Friday Holiday schedule has the cash markets closed for trade date April 7. However, futures markets will be open early. They also close early, but not until after the Employment Situation Reports.

A thin market due to the holiday, could make early Friday morning Futures extremely reactive. The old saying is that holiday markets tend to trend. This is generally because with very little volume, there is not much to stop a move once it gets moving. The caveat to that, is that first it must start moving.


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

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Major Events:

Apr 7 Employment Reports

Apr 12 CPI

Apr 13 PPI

Apr 14 Retail Sales

Apr 14 Consumer Sentiment

Key Numbers Opens: Above or Below

4127.00 is the open of the Quarter

4113.75 is the open

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!

Portfolio Management

In front of the long holiday weekend, today could be about setting the hedges. Today's big question is about what could go wrong. It's also about what could go right, but erring on the side of caution is the risk adverse step. Join us for a bonus class at 11am ET. Keep an eye out for that email. The Employment Reports are released tomorrow morning, and cash markets are closed.

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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