Day-Trading Scenarios for Dec 29, 2025

Trend is short term down so we have been trading from the short side.

The next support is 48810, then 48750,then 48695.

Resistance is 48935, then 49068.

The DJIA and other E-mini futures remain in a long-term uptrend, trading within an ascending channel since early 2025 lows. Key observations:

Moving averages are sloping upward and providing dynamic support.

Recent all-time highs around 49091 act as near-term resistance, with support near 48,475–48,200 (prior consolidation zones).

Momentum indicators show strong buy signals on daily/weekly timeframes, with the index holding above key levels post-Fed decisions.

Many technicians still looking at 50,000 targets by the end of January.

International Trade in Goods (Advance)

 8:30 AM ET

Retail Inventories (Advance)

 8:30 AM ET

Wholesale Inventories (Advance)

 8:30 AM ET

Pending Home Sales Index

 10:00 AM ET

EIA Petroleum Status Report

 10:30 AM ET

Dallas Fed Manufacturing Survey

 10:30 AM ET

3-Month Bill Auction

 11:30 AM ET

6-Month Bill Auction

 11:30 AM ET

EIA Natural Gas Report

 12:00 PM ET

Fed Balance Sheet

 4:30 PM ET

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

DATE: 12/29/2025

TIME: 9:29 AM

HIGH: 49086

LOW: 48872

CLOSE: 48998

PIVOT: 48985

SUPPORT: 48696

RESISTANCE: 49068

SWING MAGNITUDE: 172

TIME OF COMMENT: 9:29 AM