🗓️ March 13– US Pre-Market | Trader’s Insights
Bitget2026/03/13 11:14-
Yesterday's sharp sell-off: S&P -1.52%, Dow drops 739 points to yearly low of 46,678; Pre-market futures edge up but sentiment remains fragile.
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January PCE data out tonight (expected 3.1%); If hotter than expected, rate cuts push further out, pressuring tech stocks.
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WTI crude holds at $96 highs amid Hormuz tensions, up ~$8 weekly; Energy sector upbeat. VIX near 28, below panic levels—market bottom unconfirmed.
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XOM (Exxon Mobil): At $153.5, direct beneficiary of strong oil; Go long on break above $156, support at $150.
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NVDA (NVIDIA): At $183, stabilizing post-drops; AI demand intact, key support $180—light buys if holds.
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TSLA (Tesla): At $395, $400 psychological barrier; Hold $390 support for watch, bearish on break.
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8:30 ET January Core PCE Data
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Pre-Close (ET 15:30-16:00)—Institutional selling could dictate next week's open; closing action is the key signal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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