| | | | | Today’s TBUZ TV
What a night in Gold! Big smiles in my futures program. I'll be having a series of mini flash meetings today. The schedule is 10:30am ET, 12:30am ET, and 3pm ET. You can join each by going to https://dtitrader.com/live
"Success is not final; failure is not fatal: It is the courage to continue that counts." - Winston Churchill
 
Wednesday
> 10am ET - Academy
> 10:30am ET - Flash (Join Here)
> 11:30am ET - Live Trading Session
> 12:30pm ET - Flash (Join Here)
> 3:00pm ET - Flash (Join Here)
> 8pm ET - Midweek Market Update (Join Here)
Thursday
> 10:30am ET - Academy
> 11:30am ET - Live Trading Session
> 3pm ET - TBD
Friday
> HOLIDAY
 Market Editorial - Chuck Crow
This week started with an ES futures contract opening at 5452.50. The market spent two days trading inside an increasingly tightening range, but already on Wednesday, the market broke lower. Markets that have difficulty sustaining rallies, or even holding ground, will typically back up to the next level of support, and or move lower. RF Regionals Financial (RF)is doing an interesting dance for the first two days of this week. Both days have closed lower than they opened. However, both days have also traded to higher highs and higher lows. We have an up trend that keeps moving lower. We have yet to challenge the first resistance line at 20.31 or the second at 21.14. RF reports earnings on Thursday. The Broader Market After two consecutive days of consolidation, the market dropped to a new low of the week in overnight trading. Major support in the ES futures are still further down. The low on Friday was 5206.00. That was the highest daily low from the previous week. The high on that Friday was 5418.25 and that puts the midpoint from that day at 5312.125. Now that the market has moved down past the first line at 5418, the market is vulnerable to more downward movement. Keep in mind that for most stocks and indices in the Western markets we only have two days remaining this week. Thursday is a big day for earnings, but it is also the end of the week in front of a three day holiday. In some cases, like European markets this could even turn into a four day holiday with Easter Monday. A negative Wednesday could push the overall market through the 5312.00 support area, and leave only Friday’s low at 5206.00 to hold the market up before the long weekend. If the market breaks through that lower support level, then it could begin retesting lows from last week.
News for the Week
Probabilities for the Week
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Important Note: No one from the DTI Trader team or Tom Busby will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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