Pre-Open 10/18/25
COMMENT: Key drivers today:
Seasonal tailwind: November/December historically strong, especially after an October gain.
Markets are digesting recent pullbacks in tech (Nvidia, Palantir, Meta, etc.) amid valuation concerns and profit-taking after the 2025 AI rally.
No major high-impact US data releases today (light calendar: mostly minor items like import/export prices or housing indices if any delayed reports drop). Focus shifts to tomorrow’s Nvidia earnings, which could dictate direction for the entire market.
Fed speak is quiet; odds for a December rate cut have slipped but still >50% in many models. Inflation remains sticky but trending lower.
For the open, wait 6 minutes for the counter trend pop, then look to short with a downside objective of 46197.
Import and Export Prices
8:30 AM ET
Industrial Production
9:15 AM ET
4-Week Bill Settlement
8-Week Bill Settlement
4-Month Bill Settlement
Import and Export Prices
8:30 AM ET
Industrial Production
9:15 AM ET
Housing Market Index
10:00 AM ET
Factory Orders
10:00 AM ET
E-Commerce Retail Sales
10:00 AM ET
4-Week Bill Announcement
11:00 AM ET
8-Week Bill Announcement
11:00 AM ET
4-Month Bill Announcement
11:00 AM ET
6-Week Bill Auction
11:30 AM ET
Treasury International Capital
4:00 PM ET
Lorie Logan Speaks
7:55 PM ET
<<<<<<<<<<<<<<<<<<<<<<<<<<<
DATE: 11/18/2025
TIME: 8:31 AM
HIGH: 47368
LOW: 46503
CLOSE: 46665
PIVOT: 46845
SUPPORT: 46197
RESISTANCE: 46765
SWING MAGNITUDE: 236
TIME OF COMMENT: 8:31 AM