Tuesday, April 11, 2023

DOTD: The Perfect Range Plinker

DTI Daily Rundown - April 11

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On TBUZ TV Today:

4135.00 Pivot.

4155.00 Resistance

4105.00 Support

Open of 2023: 3895.00, Open of April 4127.00

Connect the Dots today at 10:45am ET.

Precious Metals continues with class 2 at 9:15am ET.

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Market Review:

The Open! - Which Open?

As is often the case with markets in general, a simple concept showed its vulnerability at the end of the day Monday. After the market declined to move lower earlier in the day, it seemed we were headed back to the open. Which sometimes can bring up the question which open. In this case we had 4127.00, the open of the month, and 4139.00, the open of the Week, and since yesterday was Monday 4139.00 was also the open of the day.

The market struggled trying to determine which number to go to. Likely we would have been sitting right in between the two had it not been for a last-minute rally that popped the market above 4134.00, and 4140.00 in the literal last minute of the cash market.


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

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Major Events:

Apr 12 CPI

Apr 13 PPI

Apr 14 Retail Sales

Apr 14 Consumer Sentiment

Apr 17 Empire State Manufacturing Index

Key Numbers Opens: Above or Below

4139.00 is the open of the Week

4138.50 is the open

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!

Precious Metals

At 9:15am ET Precious Metals Class 2.

If you have not already signed up, call to find out more!

This is class 2 of 7 during the month of April.

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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