Day-Trading Scenarios for Dec 17, 2025

YM is at 48610, up 131 points. Rebounding from Tuesday losses, pointing to a slightly positive open.

• Micron Technology (MU) reports after the close — a key AI/memory chip update amid ongoing sector rotation away from big tech.

• Premarket movers include gains in Netflix (bets on media deals) and Amazon, alongside weakness in homebuilders like Lennar (disappointing Q1 guidance).

Oil is rebounding following reports of President Trump's order for a blockade on Venezuelan tankers. This geopolitical development is boosting energy stocks and contributing to positive premarket cues.

Attention is building toward tomorrow's November CPI release (December 18), a critical read on inflation trends. Any surprises could shift expectations for Fed rate cuts (currently priced at about two quarter-point reductions in 2026).

First support zone is 48535, then 48470 where we look to go long. Resistance begins 48675 then 48750 where we will look to short.

MBA Mortgage Applications

 7:00 AM ET

Christopher Waller Speaks

 8:15 AM ET

Retail Sales

 8:30 AM ET

John Williams Speaks

 9:05 AM ET

Business Inventories

 10:00 AM ET

Atlanta Fed Business Inflation Expectations

 10:00 AM ET

EIA Petroleum Status Report

 10:30 AM ET

Treasury Buyback Announcement

 11:00 AM ET

Treasury Buyback Announcement (Preliminary)

 11:00 AM ET

4-Month Bill Auction

 11:30 AM ET

Raphael Bostic Speaks

 12:30 PM ET

20-Yr Bond Auction

 1:00 PM ET

Treasury Buyback Results

 2:00 PM ET

<<<<<<<<<<<<<<<<<<<<<<<<<<<

DATE: 12/17/2025

TIME: 8:09 AM

HIGH: 48917

LOW: 48313

CLOSE: 48479

PIVOT: 48570

SUPPORT: 48334

RESISTANCE: 48894

SWING MAGNITUDE: 205

TIME OF COMMENT: 9:13 AM