Thursday, July 6, 2023

DTI Daily Rundown - July 6

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On TBUZ TV Today:

4470 Pivot.

4490 Resistance

4445 Support

Opens: 2023 3895.00; 3rd Quarter 4485.50; June 4188.50.

Wednesday Recording: https://vimeo.com/842702794/ef02dad8c9

10:30 ET Join us during live trading.

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Market Review:

July 6

This is the first day this month in which the US futures markets have a "normal" schedule. Monday was shortened by a holiday, and Wednesday was lengthened by the same holiday.

The cash market will begin its second day with normal trading hours.

In the ES, the market failed to advance above 4498.00, the high of June. We made it up to 4494.00, but then the market retreated in front of Wednesday's cash market open. Although our markets rallied back during the Wednesday session, they still fell just short of new highs.

Today, the market is moving lower in overnight trading.


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

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Major Events:

July 7 Employment Reports

July 12 CPI

July 13 PPI

July 14 Consumer Sentiment

Key Numbers Opens: Above or Below

4485.50 is the open of the Month

4481.75 is the open

4390.00 was the open of last Week

4188.50 was the open of last Month

3895.00 is the open of 2023

What's Hot and Not!

July 6 is here. Join us at 10:30am ET for more on this market.

Apple broke below 191.40 number from earlier. Next stop around 189.00.

MMM is declining and breaking down in the pre-market session.

Recording of Wednesday on the Web: https://vimeo.com/842702794/ef02dad8c9

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.

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