Day-Trading Scenarios for ‘—————————-Nov 20, 2025
Nvidia’s blockbuster earnings after the bell yesterday (revenue $57B beat, EPS beat, strong Q4 guide, Blackwell “off the charts”) has reignited risk-on sentiment overnight. The Dow is lagging Nasdaq futures (which are up ~1.8%) because NVDA is only a small ~2% weight in the price-weighted index, but broad market relief is spilling over positively.
No FOMC speakers or major earnings during the day that move the Dow much. The Nvidia beat has eased AI bubble fears dramatically — CEO Huang shrugged off bubble talk, reaffirmed massive demand. This shifts the narrative back to “AI growth story intact,” supporting risk assets.
Overall tone: Risk-on bullish post-Nvidia. December rate-cut odds dipped slightly (now ~65-70% for 25bp, down from higher pre-earnings on hawkish vibes), but that’s secondary today.
Buy pullbacks of 200 points
Supports: 46740, then 46575
Resistance 46860, then 46989
6-Week Bill Settlement
Employment Situation
8:30 AM ET
Jobless Claims
8:30 AM ET
Philadelphia Fed Manufacturing Index
8:30 AM ET
Beth Hammack Speaks
8:45 AM ET
Existing Home Sales
10:00 AM ET
Leading Indicators
10:00 AM ET
Quarterly Services Survey
10:00 AM ET
EIA Natural Gas Report
10:30 AM ET
3-Month Bill Announcement
11:00 AM ET
6-Week Bill Announcement
11:00 AM ET
6-Month Bill Announcement
11:00 AM ET
52-Week Bill Announcement
11:00 AM ET
2-Yr FRN Note Announcement
11:00 AM ET
2-Yr Note Announcement
11:00 AM ET
5-Yr Note Announcement
11:00 AM ET
7-Yr Note Announcement
11:00 AM ET
Kansas City Fed Manufacturing Index
11:00 AM ET
4-Week Bill Auction
11:30 AM ET
8-Week Bill Auction
11:30 AM ET
10-Yr TIPS Auction
1:00 PM ET
Austan Goolsbee Speaks
1:40 PM ET
Fed Balance Sheet
4:30 PM ET
<<<<<<<<<<<<<<<<<<<<<<<<<<<
DATE: 11/20/2025
TIME: 9:43 AM
HIGH: 46375
LOW: 45974
CLOSE: 46208
PIVOT: 46186
SUPPORT: 46251
RESISTANCE: 46757
SWING MAGNITUDE: 240