DTI Daily Rundown - May 9

On TBUZ TV Today: 4135.00 Pivot. 4160.00 Resistance 4115.00 Support Opens: 2023 3895.00; 2nd Quarter 4127.00; May 4190.00. May 10—New MTI spots open. Get on the waiting list early! Gold has moved above its resistance area. Tom is following with MTI!

Market Review:

The Act of Dividing by 2 In US Markets we can generally find a good picturing of the market with the divide by 2 theory. It works in 2 ways for this market. The first and easiest is to take any 100 points and divide by 2. 100 divided by 2 is 50. Therefore the 50 number is always important. The second option is to take the current range of the month (in the ES) 4206.25 and 4062.25. Add those numbers together to get 8268.50. Divide that total by 2 and you get 4134.24. 4134.25 is therefore the current midpoint of the month of May. This market seems interested in finding out which division by 2, it should pay attention to. Listen in to the Sunday planning session. Sunday Night Recording: https://vimeo.com/824609885/6819d6ee9d and get ready for the rest of this week.

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

Major Events: May 10 CPI May 11 PPI May 12 Consumer Sentiment May 15 Empire State Manufacturing Key Numbers Opens: Above or Below 4190.00 is the open of the Month 4151.00 is the open of the Week 4150.50 is the open 4077.25 was Friday's open 3895.00 is the open of 2023

What's Hot and Not! DIS earnings on Wednesday. Disney opened the year at 88.98. They opened the quarter at 100.21, and they opened the month at 102.41. Disney closed last week at 100.52. They pushed to 103.91 on Monday, that could but DIS on pace to challenge the January high at 110.58 May 10—New MTI spots open up. Get on the waiting list early!

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