-->

DTI Daily Rundown - October 26

Post a Comment
image
image

On TBUZ TV Today:

4181 Pivot.

4210 Resistance.

4160 Support.

Opens: 2023 3895.00; 3rd Quarter 4485.50; Month 4349.00

Recording from Sunday: https://vimeo.com/876953696/532948fe9e

Recording from Wednesday: https://vimeo.com/878118107/92e2b8969e

Training at 10:00am ET

image
image

Sign up for TBUZ TV at https://www.dtitrader.com/abouttbuztv/

Scroll down to the bottom of the link, put in your name and email address, and get TBUZ TV

Market Review:

News

A new Speaker of the House has been selected and placed.

The geo-political situation remains what it is.

Earnings season continues to roll through the market.

ES futures have traded below the June 2023 low.

The low of October is currently 4171.00. We could have lower prices. On Tuesday we talked about 4178.00 being the June lower. Today is Thursday, and for the first time since June, the market has traded below 4178.00. Our next major support level is likely 4127.00.

On Monday, the ES made a new low for the month at 4213.25.


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

image

Genesis Bar: Oct 23 (11:30am ET)

High: 4245.00

Low: 4229.00

Major Events:

Oct 27 Core PCE Index

Oct 27 UofM Consumer Sentiment

October 31 Employment Cost Index

Nov 1 ADP Nov-Farm Employment Change

Key Numbers Opens: Above or Below

4485.50 was the open of July 2023

4349.00 is the open of the Quarter

4256.25 is the open of the Week

4202.00 is the open

3895.00 is the open of 2023

What's Hot and Not!

Amazon.com Inc. (AMZN)

AMZN reports after the bell today, October 26. AMZN opened the year at 85.46. They rallied up to the open of July at 130.82. AMZN moved up to 145.86 in September. The October open is 127.28. AMZN moved down to a low of 120.79 on Wednesday. That is the lowest the stock has been since July 1, 2023. The June low was 119.93.

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 3929 Airport BLVD, Ste 2-208, Mobile, Alabama 36609 United States (251) 652-1555

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter