DTI Daily Rundown - June 02

On TBUZ TV Today: 4245.00 Pivot. 4275.00 Resistance 4220.00 Support Opens: 2023 3895.00; 2nd Quarter 4127.00; June 4188.50. WoW Recording: https://vimeo.com/832096829/f2cc34d2a9 10:30am ET Open House Flash Meeting

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Market Review:

Higher High Already In overnight trading the market moved past the May high of 4243.25. We have a new high of the year. The next major resistance is likely the 4327.50 number from August of 2022. What will the market do next? Basically, anything is possible. It can try to stay up all the way through the FOMC Announcement on June 14. The market could drop back down to challenge the open of the quarter. June is the last month of the 2nd Quarter, so 4127.00 is an important number. Whether the market tries 4327.50, or 4127.00, we do expect it to move.

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

Major Events: June 5 ISM Services PMI June 13 CPI June 14 PPI June 14 FOMC Announcement and Press Conference June 15 Retail Sales Key Numbers Opens: Above or Below 4239.75 is the open of the Week 4231.75 is the open 4188.50 is the open of the Month 4127.00 is the open of the 2nd Quarter 3895.00 is the open of 2023

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