Wednesday, March 15, 2023

DTI Daily Rundown - March 15

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On TBUZ TV Today:

3920.00 Pivot.

3980.00 Resistance

3860.00 Support

Open of 2023: 3895.00, Open of March 3968.50

Join us tonight at 8pm ET

PPI, and Banking stocks are influencing the early market.

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Market Review:

Real Market Emerging

Between SVIB, and CPI this market started the week a little different, and has struggled including banking stocks lower in the premarket today. In addition to US markets dealing with the chaos of rollover, we also changed to daylight time in the US, and most of the rest of the world will not join us until April 2.

Markets trying to tie the Feds hands on the issue of what to do with rates. However a Fed that can't move rates due to market action, can't fight inflation. It's a difficult situation for the members of the FOMC to be in. On March 22 we will see if they can handle it. In the interim, join us tonight at Wednesday on the Web 8pm ET.


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

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Major Events:

Mar 17 Consumer Sentiment

Mar 22 FOMC Statement

Mar 24 Flash Services PMI

Mar 28 Consumer Confidence

Mar 31 Core PCE


Key Numbers Opens: Above or Below

4085.75 was the open of Feb 2023

4049.25 was the open of last Week

3953.75 is the open

3968.50 is the open of the Month

3895.00 is the open of 2023

What's Hot and Not!

Gold

Month Open 1827.1. Week Open 1890.8. Mar 15 Open 1908.2.

Most people are able to see the progression higher. The real question comes down to what you are going to do about it. Join tonight at 8pm ET.

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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