Don't Miss Today's Key Market Insights and Information
| | | | | | | | | | | | | Today’s TBUZ TV 
"The future belongs to those who believe in the beauty of their dreams." - Eleanor Roosevelt
 
Friday
- 9am - EarlyBird
- 3pm - Weekly Wrap-Up
 Market Editorial - Chuck Crow
Dollar General
DG has moved below the 85.08 support at few times in pre and after hours trading, but it keeps fighting back. DG closed Thursday at 87.13. The low on Thursday in DG during the cash market hours was 85.50. This stock has thrown up warning signs, but always seems to climb back up. The high on Thursday was 88.89, and the close was 87.13. In after hours trading DG has moved back above 88.00. I would prefer if it would climb to challenge 98.00. Just as reported on Wednesday though, for all the faults DG has had during this stagger, it is still outperforming the broader market. From the trading perspective, this trade may indeed have run its course, however, from the investment perspective it is still a somewhat attractive market. From each perspective though, this stock would feel a lot better above 90.00. ObservationThis week, the ES futures opened at 5007.00. They dropped to 4830.00 in the overnight session on Sunday night. The market rallied to a high of 5528.75 in the overnight session prior to Thursday. We open the final day of this week at 5299.25. The midpoint of this week is 5179.375. The close of last week was 5096.75. This is how we find support and resistance levels before a market trades. We do that by looking at the market’s history. Going into Friday’s market I know the primary resistance levels. Below the open of 5299.25, they are, in order, 5179.25, 5096.75, 5007.00, and 4830.00. You can probably add 4900.00 to that list to break up the distance between 5007.00 and 4830.00. If the market were to decide to rally, we have a little less information. We can break the market down into smaller segments. We have Tuesday’s high at 5305.25, and the overnight high of Friday’s market at 5330.50. We can look back at the high from Friday of last week at 5435.00. The market provides most of the answers, as long as you are willing to slow down and look at it.
On the other hand, this is not really a market that is slowing down. The ranges for the last 4 days of March were 93.50, 59.75, 145.50, and 139.00. And that was a market getting more and more volatile. The ranges for the first 4 days of this week have been 454.50, 364.75, 648.25, and 382.00.
News for the Week
Probabilities for the Week
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
Important Note: No one from the DTI Trader team or Tom Busby will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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Today’s TBUZ TV   "The future belongs to those who believe in the beauty of their dreams." - Eleanor Roosevelt 
Friday
- 9am - EarlyBird
- 3pm - Weekly Wrap-Up
 Market Editorial - Chuck Crow Dollar General
DG has moved below the 85.08 support at few times in pre and after hours trading, but it keeps fighting back. DG closed Thursday at 87.13. The low on Thursday in DG during the cash market hours was 85.50. This stock has thrown up warning signs, but always seems to climb back up. The high on Thursday was 88.89, and the close was 87.13. In after hours trading DG has moved back above 88.00. I would prefer if it would climb to challenge 98.00. Just as reported on Wednesday though, for all the faults DG has had during this stagger, it is still outperforming the broader market. From the trading perspective, this trade may indeed have run its course, however, from the investment perspective it is still a somewhat attractive market. From each perspective though, this stock would feel a lot better above 90.00. ObservationThis week, the ES futures opened at 5007.00. They dropped to 4830.00 in the overnight session on Sunday night. The market rallied to a high of 5528.75 in the overnight session prior to Thursday. We open the final day of this week at 5299.25. The midpoint of this week is 5179.375. The close of last week was 5096.75. This is how we find support and resistance levels before a market trades. We do that by looking at the market’s history. Going into Friday’s market I know the primary resistance levels. Below the open of 5299.25, they are, in order, 5179.25, 5096.75, 5007.00, and 4830.00. You can probably add 4900.00 to that list to break up the distance between 5007.00 and 4830.00. If the market were to decide to rally, we have a little less information. We can break the market down into smaller segments. We have Tuesday’s high at 5305.25, and the overnight high of Friday’s market at 5330.50. We can look back at the high from Friday of last week at 5435.00. The market provides most of the answers, as long as you are willing to slow down and look at it.
On the other hand, this is not really a market that is slowing down. The ranges for the last 4 days of March were 93.50, 59.75, 145.50, and 139.00. And that was a market getting more and more volatile. The ranges for the first 4 days of this week have been 454.50, 364.75, 648.25, and 382.00.
News for the Week 
Probabilities for the Week
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
Important Note: No one from the DTI Trader team or Tom Busby will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
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