Day-Trading Scenarios for ‘———————-Nov 21, 2025
The post-Nvidia “sell the news” hangover hit tech hardest (Nasdaq -2.2%), but the price-weighted Dow held up better than Nasdaq/S&P thanks to less exposure to megacap AI names. We’re now ~6% off the mid-November all-time highs near 48,500.
No major earnings or catalysts. The Nvidia aftermath dominates sentiment: despite the massive beat/guidance, the intraday reversal reignited “AI bubble” talk and profit-taking ahead of the weekend. Broader market is digesting whether the AI spending boom justifies valuations. Tone: Cautiously bullish early on oversold bounce + Fed’s Williams late yesterday reviving some Dec cut hopes, but capped and choppy.
Technical Outlook for /YM Today
Short-term remains bearish after yesterday’s failure, but deeply oversold readings + premarket gap up suggest a bounce attempt. We’re in correction mode off the highs.
John Williams Speaks
7:30 AM ET
Lorie Logan Speaks
9:00 AM ET
PMI Composite Flash
9:45 AM ET
Consumer Sentiment
10:00 AM ET
Baker Hughes Rig Count
1:00 PM ET
<<<<<<<<<<<<<<<<<<<<<<<<<<<
DATE: 11/21/2025
TIME: 9:04 AM
HIGH: 46936
LOW: 45786
CLOSE: 45825
PIVOT: 46182
SUPPORT: 45679
RESISTANCE: 46492
SWING MAGNITUDE: 225
TIME OF COMMENT: 9:04 AM