Senin, 27 Februari 2023

DTI Daily Rundown - February 27

image

On TBUZ TV Today:

3990.00 Pivot.

4023.00 Resistance

3970.00 Support

Open of 2023: 3895.00, Open of February 4085.75

Trading News: Market Shocks from major news events.

https://dtitrader.com/workshop

image
image

Market Review:

Today and Tomorrow

With only 28 days this year, the month of February will close on Tuesday. Which in itself is a bit of a news events. Wednesday is March 1, 2023. As it currently stands, March should be opening below the open of February and above the open of January, but there are still 2 more days.

The February open of the market was 4085.75, and the January open was 3895.00. The open this week is 3976.50. If the market were trying to get right in between the monthly opens, it's only off by about 15 points. A rally up to today's pivot of 3990.00 has already fixed that.

The real question now: Should we focus on the month or the quarter, or both?


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

image

Major Events:

Feb 28 Consumer Confidence

Mar 1 ISM Manufacturing PMI

Mar 3 ISM Services PMI

Mar 8 ADP Employment

Mar 10 Employment Reports


Key Numbers Opens: Above or Below

4094.50 was the open of Dec 2022

4085.75 is the open of the Month

4083.00 was the open of last Week

3976.50 is the open

3895.00 is the open of 2023

What's Hot and Not!

News

As we close out the month of February and move into March the market has an adventurous schedule of news events. First, we have the PMI reports, and then next week the employment reports. And later in March, the FOMC. How the market reacts to these news events will be crucial in seeing the market forward.

https://dtitrader.com/workshop

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 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555

Tidak ada komentar:

Posting Komentar