DTI Daily Rundown - April 17

On TBUZ TV Today: 4165.00 Pivot. 4185.00 Resistance 4145.00 Support Open of 2023: 3895.00, Open of April 4127.00 Take the time to look at the markets on Monday. Gold and Precious Metals class this morning at 9:15am ET

Market Review:

Tuesday's Burden Not just Taco Tuesday, but also Tax Day. Quick reminder if you have not either filed your taxes, or an extension, now would be a good time to call your CPA. Any CPA will tell you that for the past week or so, they have been extremely busy. They will also tell you that over the course of the next 48 hours they expect to be even busier. This is the burden of Tax Day. For the market, it means things slow down. This market in the first half of April has been in a range of 4189.00 to 4096.50. That range is less than 100 points for the ES. It shows a frozen market with money tied up for Taxes Tuesday. After Tuesday, we will see if the market changes, as the money is freed.

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

Major Events: Apr 21 Flash PMI Apr 25 Consumer Confidence Apr 27 GDP (Advance) Apr 28 Cor PCE Price Index May 1 ISM Manufacturing PMI Key Numbers Opens: Above or Below 4174.25 is the open 4139.00 was the open of last Week 4127.00 is the open of the Quarter 3968.50 was the open of March 2023 3895.00 is the open of 2023

What's Hot and Not! Banks Last Week JPM reported earnings. This week for Bank earnings the list is long, and full of many banks most of us don't hear of that often. A familiar name though could be Charles Schwab Corp. SCHW reports before the open. It is not the only bank reporting this week, or even today. Watch the Russell 2000 to see how that smaller index is reacting to the guidance from banks.

Download and Print Your DTI Daily Rundown Here

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.

Unsubscribe DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555