Day-Trading Scenarios for ‘———————-Nov 26, 2025
Have a Happy Thanksgiving all. Early close today. We get back into business on Friday morning. The reversal continues from 11/20/25. Good level to go long is 47180 and below that 47105. Good shorting level is 47309 and 47367.
Fed Expectations: Markets are pricing in an 85% chance of a December rate cut, boosting sentiment. Rumors of potential changes at the Fed (e.g., under a Trump administration) add intrigue but haven’t derailed the rally.
Sector Highlights: Tech remains mixed—Alphabet hit a record high on reports of Meta potentially adopting Google chips by 2027, while Nvidia dipped 2.5% amid competition fears. Retail (e.g., Walmart’s strong outlook) and semiconductors (e.g., Broadcom) are supporting gains.
Global Context: Asian markets were upbeat overnight (Nikkei +1.94%), and European futures are stable, aligning with U.S. positivity. However, light holiday volume could amplify volatility.
MBA Mortgage Applications
7:00 AM ET
Durable Goods Orders
8:30 AM ET
Durable Goods Orders
8:30 AM ET
GDP
8:30 AM ET
International Trade in Goods (Advance)
8:30 AM ET
Jobless Claims
8:30 AM ET
Corporate Profits
8:30 AM ET
Retail Inventories (Advance)
8:30 AM ET
Wholesale Inventories (Advance)
8:30 AM ET
Chicago PMI
9:45 AM ET
New Home Sales
10:00 AM ET
Personal Income and Outlays
10:00 AM ET
EIA Petroleum Status 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
Survey of Business Uncertainty
11:00 AM ET
4-Week Bill Auction
11:30 AM ET
8-Week Bill Auction
11:30 AM ET
4-Month Bill Auction
11:30 AM ET
7-Yr Note Auction
11:30 AM ET
EIA Natural Gas Report
12:00 PM ET
Baker Hughes Rig Count
1:00 PM ET
Beige Book
2:00 PM ET
<<<<<<<<<<<<<<<<<<<<<<<<<<<
DATE: 11/26/2025
TIME: 8:44 AM
HIGH: 47250
LOW: 46401
CLOSE: 47179
PIVOT: 46943
SUPPORT: 46872
RESISTANCE: 47367
SWING MAGNITUDE: 175